5 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.
1. NatWest Group plc (the Company) announces that in accordance with the Company Directors' Remuneration Policy or Executive Shareholding Policy, as applicable, the PDMRs set out below each entered into a trading plan on 3 August 2026 in respect of ordinary shares of £1.0769* each in the Company (Shares) (ISIN: GB00BM8PJY71) they beneficially own (the Trading Plans).
It was announced in the shareholding requirements section of the Company Directors' Remuneration Policy, on page 137 of the Company 2024 Annual Report and Accounts here, that the Company may offer the opportunity to enter into a trading plan and the Company implemented this in 2025.
The Trading Plans facilitate regular and structured Share dealing to aid normal portfolio management. Under the terms of the Trading Plans, up to 25% of the PDMRs vested Shares (free of regulatory retention requirements) may be sold in accordance with the terms specified in the Trading Plans. The first trading date will be no earlier than 30-days after the Trading Plans were entered into.
The Trading Plans are irrevocable, cannot be amended and will expire on the earliest to occur of (a) 22 July 2027; (b) the date the PDMR ceases to be a PDMR and/or employed by the Company or a member of the Company's group; and (c) the sale of the maximum number of Shares specified in the Trading Plan agreement.
|
Name of PDMR |
Position of PDMR |
|
Paul Thwaite |
Group Chief Executive Officer |
|
Katie Murray |
Group Chief Financial Officer |
|
Solange Chamberlain |
CEO, Retail |
The above transactions took place outside a trading venue.
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 |
|
Robert Begbie |
CEO, Commercial & Institutional |
137,547 |
£7.2456 |
04/08/2026 |
The above transaction 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 GroupMedia Relations
+44(0)131 523 4205