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Form 6-K NatWest Group plc For: Nov 30

November 30, 2022 12:28 PM EST
 
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
 
 
Report of Foreign Private Issuer
 
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
 
For the month of November 2022
Commission File Number: 001-10306
 
NatWest Group plc
 
RBS, Gogarburn, PO Box 1000
Edinburgh EH12 1HQ
 
(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 X Form 40-F ___
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):_________
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):_________
 
 
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes ___ No X
 
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
 
 
 
 
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:
 
 
 
 

 
Exhibit No. 1
Director/PDMR Shareholding dated 10 November 2022
Exhibit No. 2
Total Voting Rights dated 30 November 2022
 
 
Exhibit No. 1
 
10 November 2022
 
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 ordinary shares of £1.0769* each in the Company (Shares) (ISIN:GB00BM8PJY71) were delivered to PDMRs on 7 November 2022, under the NatWest Group 2014 Employee Share Plan (the Plan), as set out below. 
 
The Shares delivered represent payment of a fixed share allowance (FSA) for the three month period ending 31 December 2022 and have been calculated using a Share price of £2.3316.
 
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, NatWest Markets
16,084
7,732
8,352
 
Peter Flavel
 
 
CEO, Wealth Businesses
26,806
12,618
14,188
 
Bruce Fletcher
 
Chief Risk Officer, NatWest Group
 
35,920
16,908
19,012
 
David Lindberg
 
 
CEO, Retail Banking
34,848
16,404
18,444
 
Scott Marcar
 
Chief Information Officer
 
57,633
27,129
30,504
 
 
Andrew McLaughlin
 
 
CEO, Commercial & Institutional for the non-ring-fenced bank
 
2,145
1,010
1,135
 
Katie Murray
 
Chief Financial Officer
 
82,026
38,611
43,4151
 
Alison Rose
 
 
Chief Executive Officer
 
120,304
56,628
63,6761
 
 
John-Paul Thwaite
 
CEO, Commercial & Institutional for the ring-fenced bank
 
33,508
15,773
17,735
 
Jen Tippin
 
Chief People & Transformation Officer
 
44,230
20,820
23,410
1.     The shares will be released in instalments over a five year period.
 
* Note: the nominal value of ordinary shares without rounding is £1.076923076923077 per share
 
 
The market price used to determine the number of Shares withheld to meet associated tax liabilities was £2.3812. Shares retained after payment of associated tax liabilities will be held on behalf of PDMRs in the Computershare Share Plan Account and will be released in instalments over a three year period, unless otherwise indicated above.
 
2.   The Company also announces that it has been notified of the PDMR set out below selling Shares on the date and at the price indicated:
 
Name of PDMR
Position of PDMR
No. of Shares sold
Price of Shares sold
 
Date  Shares sold
 
Alison Rose
 
Chief Executive Officer
 
 
250,000
 
£2.3910
 
10 November 2022
 
 
3.   The Company also announces that on 7 November 2022, a conditional Buy-out award (Award) was granted under the Plan to the PDMR set out below in order to replace awards forfeited by the individual on leaving their previous employer.
 
Name of PDMR
Position of PDMR
Award price
No. of Shares granted
Scott Marcar
Chief Information Officer
£2.61692
581,681
 
2.     The Award price has been calculated using a 5 day average Share price taken immediately prior to the PDMR joining the Company.
 
 
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
 
 
Exhibit No. 2
 
NatWest Group plc
Total Voting Rights and Capital
 
In conformity with the Disclosure Guidance and Transparency Rules, NatWest Group plc ("NWG") hereby notifies the following in respect of its issued share capital with voting rights as at 30 November 2022.
 
Share Class and nominal value
Number of Shares issued
Voting rights per share
Total Voting rights -
30 November 2022
Ordinary Shares of £1.0769* (excluding ordinary shares held in treasury)
9,663,945,797

4
38,655,783,188
Ordinary Shares of £1.0769* held in treasury
122,078,126
4
Voting rights not exercisable
11% Cumulative Preference Shares of £1
240,686
4
962,744
5.5% Cumulative Preference Shares of £1
242,454
4
969,816
 Total:
9,786,507,063
 
38,657,715,748
 
* Note: the nominal value of Ordinary Shares without rounding is £1.076923076923077 per share
 
 
Shareholders may use the above figure of 38,657,715,748 for their calculations to determine whether they are required to notify their interest in, or a change to their interest in NWG under the FCA's Disclosure Guidance and Transparency Rules.
 
Legal Entity Identifier: 2138005O9XJIJN4JPN90     
 
 
 
Date: 30 November 2022
 
 
 
 
 
NATWEST GROUP plc (Registrant)
 
 
 
By: /s/ Jan Cargill
 
 
 
Name: Jan Cargill
 
Title: Chief Governance Officer and Company Secretary


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