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    SEC Form 6-K filed by NatWest Group plc

    6/10/25 12:54:21 PM ET
    $NWG
    Commercial Banks
    Finance
    Get the next $NWG alert in real time by email
    6-K 1 a2646m.htm DIRECTOR/PDMR SHAREHOLDING a2646m

     
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549
     
    FORM 6-K
     
    REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
    UNDER THE SECURITIES EXCHANGE ACT OF 1934
     
    June, 2025
     
    Commission File Number 001-10306
     
    NatWest Group plc
     
    250 Bishopsgate,
    London, EC2M 4AA
    United Kingdom
    (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 ☒
           Form 40-F ☐ 

     
     
     
     
     
    The following information was issued as Company announcements in London, England and is furnished pursuant to General Instruction B to the General Instructions to Form 6-K:

     
     
     
    10 June 2025
    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 deferred awards over ordinary shares of £1.0769* each in the Company (Shares) (ISIN: GB00BM8PJY71) vested on 9 June 2025, under the NatWest Group plc 2024 Employee Share Plan (the Plan), to the PDMRs set out below. The awards were granted under the Plan on 7 March 2025.
     
    The number of Shares withheld to meet associated tax liabilities arising on vesting and the number of vested Shares retained by each PDMR are 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
     
    Robert Begbie
     
     
    CEO, NatWest Commercial & Institutional
     
    50,812
    25,445
    25,367
    Angela Byrne
    Interim CEO, Retail Banking
    24,536
    11,550
     
    12,986
     
    Emma Crystal
     
    CEO, Coutts and Wealth Businesses
     
    44,305
    20,855
    23,450
    Keiran Foad
     
    Group Chief Risk Officer
     
    57,339
    26,990
    30,349
    Scott Marcar
     
    Group Chief Information Officer
     
    65,761
    30,955
    34,806
     
    Katie Murray
     
    Group Chief Financial Officer
    65,375
    30,773
    34,602
     
    Paul Thwaite
     
    Group Chief Executive Officer
    97,215
    45,760
    51,455
     
    Jen Tippin
     
     
    Group Chief Operating Officer
     
    65,701
    30,926
    34,775
     
    The market price used to meet associated tax liabilities was £5.2605.
     
    Vested Shares retained after payment of associated tax liabilities will be subject to a twelve-month retention 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
     
    Robert Begbie
     
    CEO, NatWest Commercial & Institutional
    100,000
    £5.2106
    10 June 2025
     
    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
     
     
    SIGNATURE
     
    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.
     
     
     
     
     
     
    NatWest Group plc
    (Registrant)
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Date:
    10 June 2025
     
     
    By:
    /s/ Mark Stevens
     
     
     
     
     
     
     
     
     
     
     
     
    Name:
    Mark Stevens
     
     
     
     
     
    Title:
    Assistant Secretary
     
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