NWG 6-K
NatWest Group plc (NWG)
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<br>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
- 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<br>liability | No. of vested Shares retained |
|---|---|---|---|---|
| Robert<br>Begbie | CEO,<br>NatWest Commercial & Institutional | 50,812 | 25,445 | 25,367 |
| Angela<br>Byrne | Interim CEO, Retail Banking | 24,536 | 11,550 | 12,986 |
| Emma<br>Crystal | CEO, Coutts and Wealth Businesses | 44,305 | 20,855 | 23,450 |
| Keiran<br>Foad | Group<br>Chief Risk Officer | 57,339 | 26,990 | 30,349 |
| Scott<br>Marcar | Group<br>Chief Information Officer | 65,761 | 30,955 | 34,806 |
| Katie<br>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<br>Begbie | CEO,<br>NatWest Commercial & Institutional | 100,000 | £5.2106 | 10 June<br>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<br><br><br>(Registrant) | ||||
|---|---|---|---|---|
| Date: | 10 June<br>2025 | By: | /s/<br>Mark Stevens | |
| Name: | Mark<br>Stevens | |||
| Title: | Assistant<br>Secretary |