25 November 2022
NatWest Group plc
INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") IN ACCORDANCE WITH ARTICLE 19 OF THE MARKET ABUSE REGULATION
1. NatWest Group plc (the "Company") announces that options to acquire ordinary shares of £1.0769* each in the Company ("Shares") (ISIN:GB00BM8PJY71) were granted to PDMRs on 25 November 2022 under the NatWest Group plc 2017 UK ShareSave Plan ("Plan"), at the option price of £1.8619 per Share, as set out below.
|
Name of PDMR
|
Position of PDMR |
No. of options granted
|
|
Scott Marcar
|
Chief Information Officer |
1,933 |
|
Andrew McLaughlin
|
CEO, Commercial & Institutional for the non-ring-fenced bank
|
1,933 |
Subject to the rules of the Plan, the options will become exercisable from 18 December 2025. This transaction took place outside of a trading venue.
2. The Company also announces that it has been notified of the PDMRs set out below selling Shares on the date and at the price indicated:
|
Name of PDMR |
Position of PDMR |
No. of Shares sold |
Price of Shares sold
|
Date Shares sold |
|
Robert Begbie |
CEO, NatWest Markets |
200,000 |
£2.5445 |
23 November 2022
|
|
Andrew McLaughlin
|
CEO, Commercial & Institutional for the non-ring-fenced bank
|
164,495 |
£2.5878 |
24 November 2022 |
The above transactions took place on the London Stock Exchange (XLON).
* Note: the nominal value of ordinary shares without rounding is £1.076923076923077 per share
Legal Entity Identifier: 2138005O9XJIJN4JPN90
For further information contact:-
NatWest Group Investor Relations
Alexander Holcroft
Head of Investor Relations
+44(0)20 7672 1758
NatWest Group Media Relations
+44(0)131 523 4205
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