Source - LSE Regulatory
RNS Number : 9683H
NatWest Group plc
08 December 2020
 

8 December 2020

 

NatWest Group plc

 

 

INITIAL NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY (PDMR) in accordance with Article 19 of the EU Market Abuse Regulation 596/2014

 

NatWest Group plc (the Company) announces that on 7 December 2020, a buy-out award over ordinary shares of £1 each in the Company (Shares) (ISIN: GB00B7T77214) vested to the PDMR set out below. The buy out award had been granted in order to replace awards forfeited by the PDMR on leaving their previous employer.

 

The number of Shares withheld to meet associated tax liabilities arising on vesting and the number of vested Shares retained by the PDMR is set out below:-

 

 

Name of PDMR

Position of PDMR

No. of Shares vested

No. of Shares withheld to satisfy associated tax liability

No. of vested Shares retained

David Lindberg

 

CEO, Retail Banking

106,144

49,888

56,256

 

The market price used to determine the number of Shares withheld to meet associated tax liabilities was £1.6622.

 

The above transactions took place on the London Stock Exchange (XLON).

 

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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