Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
November 08 2024 - 8:37AM
Edgar (US Regulatory)
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For
November 2024
Commission
File Number: 001-10306
NatWest
Group plc
Gogarburn,
PO Box 1000
Edinburgh
EH12 1HQ
________________________________________________
(Address of
principal executive offices)
Indicate by check
mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form
20-F __X__ Form
40-F _____
Indicate by check
mark whether the registrant by furnishing the information contained
in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.
Yes
_____ No __X__
If
“Yes” is marked, indicate below the file number
assigned to the registrant in connection with Rule 12g3-2(b): 82-
_____
This
report on Form 6-K, except for any information contained on any
websites linked in this report, shall be deemed incorporated by
reference into the company's Registration Statement on Form F-3
(File No. 333-261837) and to be a part thereof from the date which
it was filed, to the extent not superseded by documents or reports
subsequently filed or furnished.
8 November 2024
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 ordinary shares of
£1.0769* each in the Company (Shares) (ISIN:GB00BM8PJY71) were
delivered to PDMRs on 7 November 2024 under the NatWest Group 2024
Employee Share Plan (the Plan), as set out below.
The
Shares delivered represent payment of a fixed share allowance for
the three month period ending 31 December 2024 and have been
calculated using a Share price of £3.7650.
The
number of Shares delivered, the number of Shares withheld to meet
associated tax liabilities and the number of Shares retained by
each PDMR is as follows:-
|
Name of PDMR
|
Position of PDMR
|
No. of Shares vested
|
No. of Shares withheld to satisfy associated tax
liability
|
No. of vested Shares retained
|
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Robert Begbie
|
CEO, NatWest Commercial & Institutional
|
24,071
|
12,054
|
12,017
|
|
*Emma
Crystal
|
CEO, Coutts and Wealth Businesses
|
18,261
|
8,596
|
9,665
|
|
Keiran Foad
|
Group Chief Risk Officer
|
27,391
|
12,894
|
14,497
|
|
David Lindberg
|
CEO, Retail Banking
|
24,071
|
11,331
|
12,740
|
|
Scott Marcar
|
Group Chief Information Officer
|
27,391
|
12,894
|
14,497
|
|
Katie Murray
|
Group Chief Financial Officer
|
52,321
|
24,628
|
27,693
|
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Paul Thwaite
|
Group Chief Executive Officer
|
76,738
|
36,122
|
40,616
|
|
Jen Tippin
|
Group Chief Operating Officer
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27,391
|
12,894
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14,497
|
The market price used to determine the number of
Shares withheld to meet associated tax liabilities was £3.8632
and where indicated *£3.8488.
Shares retained after payment of associated tax liabilities will be
held on behalf of PDMRs and will be released in instalments over a
five year period.
2.
The Company announces that the PDMR set out below has sold Shares
on the date and at the price indicated:
|
Name of PDMR
|
Position of PDMR
|
No. of Shares sold
|
Sale price
|
Date of transaction
|
|
Scott Marcar
|
Group Chief Information Officer
|
93,336
|
3.8329
|
7 November 2024
|
All
of 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
Claire
Kane
Director
of Investor Relations
+44
20 7672 1758
NatWest Group Media
Relations
+44(0)131
523 4205
Signatures
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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NATWEST
GROUP plc (Registrant)
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Date:
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08
November 2024
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By:
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Name:
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Mark
Stevens
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Title:
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Assistant
Secretary
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NatWest (NYSE:NWG)
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