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NatWest Group plc announced the delivery of 128,501 ordinary shares to its seven named Persons Discharging Managerial Responsibility (PDMRs) on 11 August 2026, under the 2024 Employee Share Plan. These shares, calculated using a £7.1536 share price, represent a fixed share allowance for the three-month period ending 30 September 2026. From the total, 60,870 shares were withheld for tax liabilities at a £7.0608 market price, leaving 67,631 shares retained by the PDMRs, which will be released over five years.
| Date | 13 Aug 2026 |
| Time | 14:00:01 |
| Category | Director/PDMR dealings |
| ID | 5864Q |
13 August 2026
NatWest Group plc
INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY (PDMRs) IN ACCORDANCE WITH ARTICLE 19 OF THE UK MARKET ABUSE REGULATION
NatWest Group plc (the Company) announces that ordinary shares of £1.0769* each in the Company (Shares) (ISIN:GB00BM8PJY71) were delivered to PDMRs on 11 August 2026 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 30 September 2026 and have been calculated using a Share price of £7.1536.
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 delivered |
No. of Shares withheld to satisfy associated tax liability |
No. of Shares retained |
|
Robert Begbie |
CEO, Commercial & Institutional |
12,669 |
6,345 |
6,324 |
|
Abib Bocresion |
Group Chief Risk Officer |
9,611 |
4,524 |
5,087 |
|
Solange Chamberlain |
CEO, Retail |
10,135 |
4,771 |
5,364 |
|
Emma Crystal |
CEO, Private Banking & Wealth Management |
10,135 |
4,771 |
5,364 |
|
Scott Marcar |
Group Chief Information Officer |
14,416 |
6,786 |
7,630 |
|
Katie Murray |
Group Chief Financial Officer |
29,001 |
13,651 |
15,350 |
|
Paul Thwaite |
Group Chief Executive Officer |
42,534 |
20,022 |
22,512 |
The market price used to determine the number of Shares withheld to meet associated tax liabilities was £7.0608. 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.
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