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 March 2024
Commission File Number: 001-10306
NatWest Group plc
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 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 | Holding(s) in Company - HMT Shareholding dated 06 March 2024 |
Exhibit No. 2 | Holding(s) in Company dated 08 March 2024 |
Exhibit No. 3 | Director/PDMR Shareholding dated 08 March 2024 |
Exhibit No. 4 | Holding(s) in Company - HMT shareholding dated 15 March 2024 |
Exhibit No. 5 | Director/PDMR Shareholding dated 18 March 2024 |
Exhibit No. 6 | Holdings in Company dated 19 March 2024 |
Exhibit No. 7 | Holding(s) in Company - HMT shareholding dated 25 March 2024 |
Exhibit No. 8 | Director/PDMR Shareholding dated 25 March 2024 |
Exhibit No. 9 | Holding(s) in Company dated 27 March 2024 |
Exhibit No. 10 | Total Voting Rights dated 28 March 2024 |
Exhibit No. 1
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i | ||||||
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | NatWest Group plc | |||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
Non-UK issuer | ||||||
2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
An acquisition or disposal of voting rights | x | |||||
An acquisition or disposal of financial instruments | ||||||
An event changing the breakdown of voting rights | ||||||
Other (please specify)iii: | ||||||
3. Details of person subject to the notification obligationiv | ||||||
Name | The Commissioners of His Majesty's Treasury | |||||
City and country of registered office (if applicable) | London, England | |||||
4. Full name of shareholder(s) (if different from 3.)v | ||||||
Name | The Solicitor for the Affairs of His Majesty's Treasury | |||||
City and country of registered office (if applicable) | London, England | |||||
5. Date on which the threshold was crossed or reachedvi: | 5 March 2024 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 5 March 2024 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments(total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | |||
Resulting situation on the date on which threshold was crossed or reached | 31.85% | 31.85% | 35,002,866,544 | |||
Position of previous notification (if applicable) | 32.88% | 32.88% |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||||||
A: Voting rights attached to shares | |||||||||||||
Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||||||
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||||||
Ordinary Shares of £1.0769 each GB00BM8PJY71 | 11,146,809,932 | 31.85% | |||||||||||
SUBTOTAL 8. A | 11,146,809,932 | 31.85% | |||||||||||
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||||||
SUBTOTAL 8. B 1 | |||||||||||||
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||||||
SUBTOTAL 8.B.2 | |||||||||||||
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | |||||||||||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | |||||||||||||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | x | ||||||||||||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | ||||||||||
UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury). The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury. | |||||||||||||
The Commissioners of His Majesty's Treasury | 31.85% | 31.85% | |||||||||||
10. In case of proxy voting, please identify: | |||||||||||||
Name of the proxy holder | |||||||||||||
The number and % of voting rights held | |||||||||||||
The date until which the voting rights will be held | |||||||||||||
11. Additional informationxvi | |||||||||||||
The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury (HMT). The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (31.85%), has been calculated following the disposal by HMT of 97,726,255 ordinary shares in NWG since its last TR-1 notification on 26 February 2024. The percentage of voting rights held by HMT could move up or down going forward depending on the number of shares repurchased by NWG and the progress of sales under HMT's trading plan announced on 22 July 2021 and most recently extended on 3 April 2023. |
Place of completion | London, England |
Date of completion | 5 March 2024 |
Legal Entity Identifier: 2138005O9XJIJN4JPN90
Notes
i Please note that national forms may vary due to specific national legislation (Article 3(1a) of Directive 2004/109/EC) as for instance the applicable thresholds or information regarding capital holdings.
ii Full name of the legal entity and further specification of the issuer or underlying issuer, provided it is reliable and accurate (e.g. address, LEI, domestic number identity). Indicate in the relevant section whether the issuer is a non UK issuer.
iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g. expiring of financial instruments) or acting in concert.
iv This should be the full name of (a) the shareholder; (b) the natural person or legal entity acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h)/ Article 10 (b) to (h) of Directive 2004/109/EC; (c) all parties to the agreement referred to in Article 10 (a) of Directive 2004/109/EC (DTR5.2.1 (a)) or (d) the holder of financial instruments referred to in Article 13(1) of Directive 2004/109/EC (DTR5.3.1).
As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g. same or different total positions of the parties, entering or exiting of acting in concert by a single party) the standard form does not provide for a specific method how to notify cases of acting in concert.
In relation to the transactions referred to in points (b) to (h) of Article 10 of Directive 2004/109/EC (DTR5.2.1 (b) to (h)), the following list is provided as indication of the persons who should be mentioned:
- in the circumstances foreseen in letter (b) of Article 10 of that Directive (DTR5.2.1 (b)), the natural person or legal entity that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights;
- in the circumstances foreseen in letter (c) of Article 10 of that Directive (DTR5.2.1 (c)), the natural person or legal entity holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and natural person or legal entity lodging the collateral under these conditions;
- in the circumstances foreseen in letter (d) of Article 10 of that Directive (DTR5.2.1 (d)), the natural person or legal entity who has a life interest in shares if that person or entity is entitled to exercise the voting rights attached to the shares and the natural person or legal entity who is disposing of the voting rights when the life interest is created;
- in the circumstances foreseen in letter (e) of Article 10 of that Directive (DTR5.2.1 (e)), the controlling natural person or legal entity and, provided it has a notification duty at an individual level under Article 9 (DTR 5.1), under letters (a) to (d) of Article 10 of that Directive (DTR5.2.1 (a) to (d)) or under a combination of any of those situations, the controlled undertaking;
- in the circumstances foreseen in letter (f) of Article 10 of that Directive (DTR5.2.1 (f)), the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;
- in the circumstances foreseen in letter (g) of Article 10 of that Directive (DTR5.2.1 (g)), the natural person or legal entity that controls the voting rights;
- in the circumstances foreseen in letter (h) of Article 10 of that Directive (DTR5.2.1 (h)), the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion (e.g. management companies).
v Applicable in the cases provided for in Article 10 (b) to (h) of Directive 2004/109/EC (DTR5.2.1 (b) to (h). This should be the full name of the shareholder who is the counterparty to the natural person or legal entity referred to in Article 10 of that Directive (DTR5.2) unless the percentage of voting rights held by the shareholder is lower than the lowest notifiable threshold for the disclosure of voting rights holdings in accordance with national practices (e.g. identification of funds managed by management companies).
vi The date on which threshold is crossed or reached should be the date on which the acquisition or disposal took place or the other reason triggered the notification obligation. For passive crossings, the date when the corporate event took effect.
vii The total number of voting rights shall be composed of all the shares, including depository receipts representing shares, to which voting rights are attached even if the exercise thereof is suspended.
viii If the holding has fallen below the lowest applicable threshold in accordance with national law, please note that it might not be necessary in accordance with national law to disclose the extent of the holding, only that the new holding is below that threshold.
ix In case of combined holdings of shares with voting rights attached "direct holding" and voting rights "indirect holding", please split the voting rights number and percentage into the direct and indirect columns - if there is no combined holdings, please leave the relevant box blank.
x Date of maturity/expiration of the financial instrument i.e. the date when right to acquire shares ends.
xi If the financial instrument has such a period - please specify this period - for example once every 3 months starting from [date].
xii In case of cash settled instruments the number and percentages of voting rights is to be presented on a delta-adjusted basis (Article 13(1a) of Directive 2004/109/EC) (DTR 5.3.3.A).
xiii If the person subject to the notification obligation is either controlled and/or does control another undertaking then the second option applies.
xiv The full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity has to be presented also in the cases, in which only on subsidiary level a threshold is crossed or reached and the subsidiary undertaking discloses the notification as only thus the markets get always the full picture of the group holdings. In case of multiple chains through which the voting rights and/or financial instruments are effectively held the chains have to be presented chain by chain leaving a row free between different chains (e.g.: A, B, C, free row, A, B, D, free row, A, E, F etc.).
xv The names of controlled undertakings through which the voting rights and/or financial instruments are effectively held have to be presented irrespectively whether the controlled undertakings cross or reach the lowest applicable threshold themselves.
xvi Example: Correction of a previous notification.
Exhibit No. 2
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BM8PJY71 |
Issuer Name
NATWEST GROUP PLC |
UK or Non-UK Issuer
UK |
2. Reason for Notification
An acquisition or disposal of voting rights |
3. Details of person subject to the notification obligation
Name
Massachusetts Financial Services Company |
City of registered office (if applicable)
Boston |
Country of registered office (if applicable)
USA |
4. Details of the shareholder
Name | City of registered office | Country of registered office |
MFS invests in securities of the issuer on behalf of its various mutual funds and institutional account clients and qualifies under exemption DTR 5.1.5R(1) as a U.S. Registered Investment Manager. |
5. Date on which the threshold was crossed or reached
06-Mar-2024 |
6. Date on which Issuer notified
07-Mar-2024 |
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | |
Resulting situation on the date on which threshold was crossed or reached | 5.120000 | 0.000000 | 5.120000 | 1793546452 |
Position of previous notification (if applicable) |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
GB00BM8PJY71 Common Stock | 1793546452 | 5.120000 | ||
Sub Total 8.A | 1793546452 | 5.120000% |
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
Sub Total 8.B1 |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
Sub Total 8.B2 |
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary) |
Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
Massachusetts Financial Services Company (Chain 1) | Massachusetts Financial Services Company | 5.120000 | 5.120000% | |
Massachusetts Financial Services Company (Chain 2) | Massachusetts Financial Services Company | 5.120000 | 5.120000% | |
Massachusetts Financial Services Company (Chain 2) | MFS International Limited | |||
Massachusetts Financial Services Company (Chain 2) | MFS International Holdings Pty Ltd | |||
Massachusetts Financial Services Company (Chain 2) | MFS International (U.K.) Limited | |||
Massachusetts Financial Services Company (Chain 3) | Massachusetts Financial Services Company | 5.120000 | 5.120000% | |
Massachusetts Financial Services Company (Chain 3) | MFS Institutional Advisors, Inc. | |||
Massachusetts Financial Services Company (Chain 4) | Massachusetts Financial Services Company | 5.120000 | 5.120000% | |
Massachusetts Financial Services Company (Chain 4) | MFS Institutional Advisors, Inc. | |||
Massachusetts Financial Services Company (Chain 4) | MFS Investment Management Canada Limited | |||
Massachusetts Financial Services Company (Chain 5) | Massachusetts Financial Services Company | 5.120000 | 5.120000% | |
Massachusetts Financial Services Company (Chain 5) | MFS International Limited | |||
Massachusetts Financial Services Company (Chain 5) | MFS International Holdings Pty Ltd | |||
Massachusetts Financial Services Company (Chain 5) | MFS Investment Management Company (LUX) S.a r.l. | |||
Massachusetts Financial Services Company (Chain 6) | Massachusetts Financial Services Company | 5.120000 | 5.120000% | |
Massachusetts Financial Services Company (Chain 6) | MFS International Limited | |||
Massachusetts Financial Services Company (Chain 6) | MFS International Holdings Pty Ltd | |||
Massachusetts Financial Services Company (Chain 6) | MFS Investment Management K.K. | |||
Massachusetts Financial Services Company (Chain 7) | Massachusetts Financial Services Company | 5.120000 | 5.120000% | |
Massachusetts Financial Services Company (Chain 7) | MFS Heritage Trust Company | |||
Massachusetts Financial Services Company (Chain 8) | Massachusetts Financial Services Company | 5.120000 | 5.120000% | |
Massachusetts Financial Services Company (Chain 8) | MFS International Limited | |||
Massachusetts Financial Services Company (Chain 8) | MFS International Holdings Pty Ltd | |||
Massachusetts Financial Services Company (Chain 8) | MFS International Singapore Pte. Ltd. |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
12. Date of Completion
07-Mar-2024 |
13. Place Of Completion
Legal Entity Identifier: 2138005O9XJIJN4JPN9 Boston |
Exhibit No. 3
8 March 2024
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 conditional restricted share plan awards (RSP) and deferred awards (Deferred Awards) over ordinary shares of £1.0769* each in the Company (Shares) (ISIN: GB00BM8PJY71) have been granted on 7 March 2024 under the NatWest Group plc 2014 Employee Share Plan (the Plan) to the PDMRs set out below:
Name of PDMR | Position of PDMR | Award | Maximum no. of Shares eligible to vest |
Robert Begbie | CEO Commercial & Institutional Ring-Fenced Bank (interim), CEO Commercial & Institutional Non Ring-Fenced Bank and CEO NatWest Markets | Deferred Award1 | 223,175 |
Keiran Foad | Group Chief Risk Officer | RSP | 689,684 |
Deferred Award2 | 96,118 | ||
Oliver Holbourn | CEO, RBS International | Deferred Award³ | 114,016 |
David Lindberg | CEO, Retail Banking | RSP | 543,388 |
Deferred Award2 | 74,545 | ||
Scott Marcar | Group Chief Information Officer | RSP | 689,684 |
Deferred Award2 | 103,939 | ||
Katie Murray | Group Chief Financial Officer | RSP | 653,915 |
Deferred Award2 | 87,744 | ||
Mohammad Kamal Syed | Interim CEO, Coutts and Wealth Businesses | Deferred Award³ | 102,114 |
Paul Thwaite | Group Chief Executive Officer | RSP | 677,576 |
Deferred Award2 | 98,878 | ||
Jen Tippin | Group Chief People & Transformation Officer | RSP | 689,684 |
Deferred Award2 | 96,517 | ||
The prices per Share used on the grant of the above awards were Deferred Awards1 £1.9021, Deferred Awards2 £2.3312, Deferred Awards³ £2.1006 and RSP £1.7943. The prices are discounted to reflect the absence of dividend equivalents during the vesting period. |
* Note: the nominal value of ordinary shares without rounding is £1.076923076923077 per share
A pre-vest performance assessment will take place for the RSP at the end of three years. Subject to this, the RSP will be eligible to vest between 2027 and 2031. Deferred Awards will be eligible to vest between 2024 and 2031.
Malus provisions will apply to each award up until vesting and clawback provisions will apply for a period of seven years from the date of grant. Such period can be extended to ten years in certain circumstances. Vested Shares retained after payment of associated tax liabilities will be subject to a twelve-month retention period.
2. The Company announces that long term incentive awards (LTI), Deferred Awards and Buy-out Awards over Shares vested on 7 March 2024 to the PDMRs set out below. The awards were granted under the Plan between March 2019 and November 2023. The number of Shares withheld to meet associated tax liabilities arising on vesting and the number of vested Shares retained by each PDMR is set out below:
Name of PDMR | Position of PDMR | Award | No. of Shares vested | No. of Shares withheld to satisfy associated tax liability | No. of vested Shares retained |
Robert Begbie | CEO Commercial & Institutional Ring-Fenced Bank (interim), CEO Commercial & Institutional Non Ring-Fenced Bank and CEO NatWest Markets | LTI | 67,384 | 33,068 | 34,316 |
Deferred Award | 62,357 | 30,601 | 31,756 | ||
Keiran Foad1 | Group Chief Risk Officer | Buy-out Award | 108,571 | 51,106 | 57,465 |
Oliver Holbourn2 | CEO, RBS International | Deferred Award | 64,109 | 12,694 | 51,415 |
David Lindberg | CEO, Retail Banking | Deferred Award | 18,561 | 8,737 | 9,824 |
Scott Marcar1 | Group Chief Information Officer | Buy-out Award | 106,714 | 50,231 | 56,483 |
Katie Murray | Group Chief Financial Officer | LTI | 210,766 | 99,209 | 111,557 |
Deferred Award | 41,790 | 19,671 | 22,119 | ||
Mohammad Kamal Syed | Interim CEO, Coutts and Wealth Businesses | Deferred Award | 52,925 | 24,913 | 28,012 |
Paul Thwaite | Group Chief Executive Officer | LTI | 48,131 | 22,656 | 25,475 |
Deferred Award | 49,561 | 23,329 | 26,232 | ||
Jen Tippin1 | Group Chief People & Transformation Officer | Buy-out Award | 159,981 | 75,305 | 84,676 |
Deferred Award | 97,743 | 46,008 | 51,735 | ||
1. Vested Shares retained after payment of associated tax liabilities will be subject to retention periods which mirror the retention periods applicable to the PDMR's awards granted by their previous employer. 2. The PDMR is or has been an Internationally Mobile Employee and tax withholding has been applied accordingly. |
The market price used to meet associated tax liabilities was £2.5167.
Vested Shares retained after payment of associated tax liabilities will be subject to retention periods of twelve months, unless otherwise indicated in the table above.
3. The Company announces that Shares were delivered to PDMRs on 7 March 2024, as set out below. The Shares delivered represent payment of a fixed share allowance for the three-month period ending 31 March 2024 and have been calculated using a share price of £2.4410.
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 Commercial & Institutional Ring-Fenced Bank (interim), CEO Commercial & Institutional Non Ring-Fenced Bank and CEO NatWest Markets | 15,363 | 7,540 | 7,823 |
Keiran Foad | Group Chief Risk Officer | 42,248 | 19,886 | 22,362 |
David Lindberg | CEO, Retail Banking | 33,286 | 15,668 | 17,618 |
Scott Marcar | Group Chief Information Officer | 42,248 | 19,887 | 22,361 |
Katie Murray | Group Chief Financial Officer | 80,700 | 37,986 | 42,714 |
Paul Thwaite | Group Chief Executive Officer | 112,863 | 53,125 | 59,738 |
Jen Tippin | Group Chief People & Transformation Officer | 42,248 | 19,886 | 22,362 |
The market price used to determine the number of Shares withheld to meet associated tax liabilities was £2.5167. Shares retained after payment of associated tax liabilities will be held on behalf of PDMRs and will be released in instalments over a three or five year period.
4. The Company announces that the PDMRs set out below have 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 |
Scott Marcar | Group Chief Information Officer | 152,000 | £2.5064 | 7 March 2024 |
Robert Begbie | CEO Commercial & Institutional Ring-Fenced Bank (interim), CEO Commercial & Institutional Non Ring-Fenced Bank and CEO NatWest Markets | 105,000 | £2.5167 | 8 March 2024 |
* Note: the nominal value of ordinary shares without rounding is £1.076923076923077 per share
All of the above transactions took place on the London Stock Exchange (XLON).
Legal Entity Identifier: 2138005O9XJIJN4JPN90
NatWest Group Investor Relations
Claire Kane
Director of Investor Relations
+44 20 7672 1758
NatWest Group Media Relations
+44(0)131 523 4205
Exhibit No. 4
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i | ||||||
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | NatWest Group plc | |||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
Non-UK issuer | ||||||
2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
An acquisition or disposal of voting rights | x | |||||
An acquisition or disposal of financial instruments | ||||||
An event changing the breakdown of voting rights | ||||||
Other (please specify)iii: | ||||||
3. Details of person subject to the notification obligationiv | ||||||
Name | The Commissioners of His Majesty's Treasury | |||||
City and country of registered office (if applicable) | London, England | |||||
4. Full name of shareholder(s) (if different from 3.)v | ||||||
Name | The Solicitor for the Affairs of His Majesty's Treasury | |||||
City and country of registered office (if applicable) | London, England | |||||
5. Date on which the threshold was crossed or reachedvi: | 14 March 2024 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 15 March 2024 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments(total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | |||
Resulting situation on the date on which threshold was crossed or reached | 30.98% | 30.98% | 35,002,866,544 | |||
Position of previous notification (if applicable) | 31.85% | 31.85% |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||||||
A: Voting rights attached to shares | |||||||||||||
Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||||||
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||||||
Ordinary Shares of £1.0769 each GB00BM8PJY71 | 10,842,244,456 | 30.98% | |||||||||||
SUBTOTAL 8. A | 10,842,244,456 | 30.98% | |||||||||||
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||||||
SUBTOTAL 8. B 1 | |||||||||||||
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||||||
SUBTOTAL 8.B.2 | |||||||||||||
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | |||||||||||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | |||||||||||||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | x | ||||||||||||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | ||||||||||
UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury). The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury. | |||||||||||||
The Commissioners of His Majesty's Treasury | 30.98% | 30.98% | |||||||||||
10. In case of proxy voting, please identify: | |||||||||||||
Name of the proxy holder | |||||||||||||
The number and % of voting rights held | |||||||||||||
The date until which the voting rights will be held | |||||||||||||
11. Additional informationxvi | |||||||||||||
The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury (HMT). The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (30.98%), has been calculated following the disposal by HMT of 76,141,369 ordinary shares in NWG since its last TR-1 notification on 6 March 2024. The percentage of voting rights held by HMT could move up or down going forward depending on the number of shares repurchased by NWG and the progress of sales under HMT's trading plan announced on 22 July 2021 and most recently extended on 3 April 2023. |
Place of completion | London, England |
Date of completion | 15 March 2024 |
Legal Entity Identifier: 2138005O9XJIJN4JPN90
Exhibit No. 5
18 March 2024
NatWest Group plc
INITIAL NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY (PDMR) IN ACCORDANCE WITH ARTICLE 19 OF THE MARKET ABUSE REGULATION
NatWest Group plc (the Company) announces that the PDMR set out below has sold ordinary shares of £1.0769* each in the Company (Shares) (ISIN: GB00BM8PJY71) on the date and at the price indicated:-
Name of PDMR | Position of PDMR | No. of Shares sold | Sale price | Date of transaction |
Jen Tippin | Group Chief People & Transformation Officer | 92,100 | £2.4267 | 15 March 2024 |
* Note: the nominal value of ordinary shares without rounding is £1.076923076923077 per share
The transaction took place on the London Stock Exchange (XLON).
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
Exhibit No. 6
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BM8PJY71 |
Issuer Name
NATWEST GROUP PLC |
UK or Non-UK Issuer
UK |
2. Reason for Notification
An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments |
3. Details of person subject to the notification obligation
Name
BlackRock, Inc. |
City of registered office (if applicable)
Wilmington |
Country of registered office (if applicable)
USA |
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
15-Mar-2024 |
6. Date on which Issuer notified
18-Mar-2024 |
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | |
Resulting situation on the date on which threshold was crossed or reached | 4.750000 | 0.380000 | 5.130000 | 1798840528 |
Position of previous notification (if applicable) | N/A | N/A | N/A |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
GB00BM8PJY71 | 1662782858 | 4.750000 | ||
Sub Total 8.A | 1662782858 | 4.750000% |
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
American Depository Receipt | 12400638 | 0.030000 | ||
Securities Lending | 123259988 | 0.350000 | ||
Sub Total 8.B1 | 135660626 | 0.380000% |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
CFD | Cash | 397044 | 0.000000 | ||
Sub Total 8.B2 | 397044 | 0.000000% |
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary) |
Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
BlackRock, Inc. (Chain 1) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 1) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 1) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 1) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 1) | BlackRock (Singapore) Holdco Pte. Ltd. | |||
BlackRock, Inc. (Chain 1) | BlackRock HK Holdco Limited | |||
BlackRock, Inc. (Chain 1) | BlackRock Lux Finco S.a.r.l. | |||
BlackRock, Inc. (Chain 1) | BlackRock Japan Holdings GK | |||
BlackRock, Inc. (Chain 1) | BlackRock Japan Co., Ltd. | |||
BlackRock, Inc. (Chain 2) | Trident Merger, LLC | |||
BlackRock, Inc. (Chain 2) | BlackRock Investment Management, LLC | |||
BlackRock, Inc. (Chain 3) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 3) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 3) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 3) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 3) | BlackRock Holdco 3, LLC | |||
BlackRock, Inc. (Chain 3) | BlackRock Cayman 1 LP | |||
BlackRock, Inc. (Chain 3) | BlackRock Cayman West Bay Finco Limited | |||
BlackRock, Inc. (Chain 3) | BlackRock Cayman West Bay IV Limited | |||
BlackRock, Inc. (Chain 3) | BlackRock Group Limited | |||
BlackRock, Inc. (Chain 3) | BlackRock Finance Europe Limited | |||
BlackRock, Inc. (Chain 3) | BlackRock Investment Management (UK) Limited | |||
BlackRock, Inc. (Chain 4) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 4) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 4) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 4) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 4) | BlackRock Australia Holdco Pty. Ltd. | |||
BlackRock, Inc. (Chain 4) | BlackRock Investment Management (Australia) Limited | |||
BlackRock, Inc. (Chain 5) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 5) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 5) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 5) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 5) | BlackRock Holdco 3, LLC | |||
BlackRock, Inc. (Chain 5) | BlackRock Cayman 1 LP | |||
BlackRock, Inc. (Chain 5) | BlackRock Cayman West Bay Finco Limited | |||
BlackRock, Inc. (Chain 5) | BlackRock Cayman West Bay IV Limited | |||
BlackRock, Inc. (Chain 5) | BlackRock Group Limited | |||
BlackRock, Inc. (Chain 5) | BlackRock International Limited | |||
BlackRock, Inc. (Chain 6) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 6) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 6) | BlackRock Holdco 4, LLC | |||
BlackRock, Inc. (Chain 6) | BlackRock Holdco 6, LLC | |||
BlackRock, Inc. (Chain 6) | BlackRock Delaware Holdings Inc. | |||
BlackRock, Inc. (Chain 6) | BlackRock Institutional Trust Company, National Association | |||
BlackRock, Inc. (Chain 7) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 7) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 7) | BlackRock Holdco 4, LLC | |||
BlackRock, Inc. (Chain 7) | BlackRock Holdco 6, LLC | |||
BlackRock, Inc. (Chain 7) | BlackRock Delaware Holdings Inc. | |||
BlackRock, Inc. (Chain 7) | BlackRock Fund Advisors | |||
BlackRock, Inc. (Chain 8) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 8) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 9) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 9) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 9) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 9) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 9) | BlackRock (Singapore) Holdco Pte. Ltd. | |||
BlackRock, Inc. (Chain 9) | BlackRock HK Holdco Limited | |||
BlackRock, Inc. (Chain 9) | BlackRock Asset Management North Asia Limited | |||
BlackRock, Inc. (Chain 10) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 10) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 10) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 10) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 10) | BlackRock Holdco 3, LLC | |||
BlackRock, Inc. (Chain 10) | BlackRock Cayman 1 LP | |||
BlackRock, Inc. (Chain 10) | BlackRock Cayman West Bay Finco Limited | |||
BlackRock, Inc. (Chain 10) | BlackRock Cayman West Bay IV Limited | |||
BlackRock, Inc. (Chain 10) | BlackRock Group Limited | |||
BlackRock, Inc. (Chain 10) | BlackRock Finance Europe Limited | |||
BlackRock, Inc. (Chain 10) | BlackRock (Netherlands) B.V. | |||
BlackRock, Inc. (Chain 10) | BlackRock Asset Management Deutschland AG | |||
BlackRock, Inc. (Chain 11) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 11) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 11) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 11) | BlackRock Canada Holdings ULC | |||
BlackRock, Inc. (Chain 11) | BlackRock Asset Management Canada Limited | |||
BlackRock, Inc. (Chain 12) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 12) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 12) | BlackRock Capital Holdings, Inc. | |||
BlackRock, Inc. (Chain 12) | BlackRock Advisors, LLC | |||
BlackRock, Inc. (Chain 13) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 13) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 13) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 13) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 13) | BlackRock Holdco 3, LLC | |||
BlackRock, Inc. (Chain 13) | BlackRock Cayman 1 LP | |||
BlackRock, Inc. (Chain 13) | BlackRock Cayman West Bay Finco Limited | |||
BlackRock, Inc. (Chain 13) | BlackRock Cayman West Bay IV Limited | |||
BlackRock, Inc. (Chain 13) | BlackRock Group Limited | |||
BlackRock, Inc. (Chain 13) | BlackRock Finance Europe Limited | |||
BlackRock, Inc. (Chain 13) | BlackRock Advisors (UK) Limited | |||
BlackRock, Inc. (Chain 14) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 14) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 14) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 14) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 14) | BlackRock (Singapore) Holdco Pte. Ltd. | |||
BlackRock, Inc. (Chain 14) | BlackRock (Singapore) Limited | |||
BlackRock, Inc. (Chain 15) | Trident Merger, LLC | |||
BlackRock, Inc. (Chain 15) | BlackRock Investment Management, LLC | |||
BlackRock, Inc. (Chain 15) | Amethyst Intermediate, LLC | |||
BlackRock, Inc. (Chain 15) | Aperio Holdings, LLC | |||
BlackRock, Inc. (Chain 15) | Aperio Group, LLC |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
BlackRock Regulatory Threshold Reporting Team |
Jana Blumenstein |
020 7743 3650 |
12. Date of Completion
18 March 2024 |
13. Place Of Completion
12 Throgmorton Avenue, London, EC2N 2DL, U.K. |
Legal Entity Identifier: 2138005O9XJIJN4JPN9
Exhibit No. 7
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i | ||||||
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | NatWest Group plc | |||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
Non-UK issuer | ||||||
2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
An acquisition or disposal of voting rights | x | |||||
An acquisition or disposal of financial instruments | ||||||
An event changing the breakdown of voting rights | ||||||
Other (please specify)iii: | ||||||
3. Details of person subject to the notification obligationiv | ||||||
Name | The Commissioners of His Majesty's Treasury | |||||
City and country of registered office (if applicable) | London, England | |||||
4. Full name of shareholder(s) (if different from 3.)v | ||||||
Name | The Solicitor for the Affairs of His Majesty's Treasury | |||||
City and country of registered office (if applicable) | London, England | |||||
5. Date on which the threshold was crossed or reachedvi: | 22 March 2024 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 22 March 2024 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments(total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | |||
Resulting situation on the date on which threshold was crossed or reached | 29.82% | 29.82% | 35,002,866,544 | |||
Position of previous notification (if applicable) | 30.98% | 30.98% | ||||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||||||||
A: Voting rights attached to shares | |||||||||||||||
Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||||||||
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||||||||
Ordinary Shares of £1.0769 each GB00BM8PJY71 | 10,437,605,432 | 29.82% | |||||||||||||
SUBTOTAL 8. A | 10,437,605,432 | 29.82% | |||||||||||||
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||||||||
SUBTOTAL 8. B 1 | |||||||||||||||
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||||||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||||||||
SUBTOTAL 8.B.2 | |||||||||||||||
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | |||||||||||||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | |||||||||||||||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | x | ||||||||||||||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | ||||||||||||
UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury). The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury. | |||||||||||||||
The Commissioners of His Majesty's Treasury | 29.82% | 29.82% | |||||||||||||
10. In case of proxy voting, please identify: | |||||||||||||||
Name of the proxy holder | |||||||||||||||
The number and % of voting rights held | |||||||||||||||
The date until which the voting rights will be held | |||||||||||||||
11. Additional informationxvi | |||||||||||||||
The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury (HMT). The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (29.82%), has been calculated following the disposal by HMT of 101,159,756 ordinary shares in NWG since its last TR-1 notification on 15 March 2024. The percentage of voting rights held by HMT could move up or down going forward depending on the number of shares repurchased by NWG and the progress of sales under HMT's trading plan announced on 22 July 2021 and most recently extended on 3 April 2023. |
Place of completion | London, England |
Date of completion | 22 March 2024 |
Legal Entity Identifier: 2138005O9XJIJN4JPN90
Exhibit No. 8
25 March 2024
NatWest Group plc
INITIAL NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY (PDMR) IN ACCORDANCE WITH ARTICLE 19 OF THE MARKET ABUSE REGULATION
NatWest Group plc (the Company) announces that the PDMR set out below has sold ordinary shares of £1.0769* each in the Company (Shares) (ISIN: GB00BM8PJY71) on the date and at the price indicated:-
Name of PDMR | Position of PDMR | No. of Shares sold | Sale price | Date of transaction |
Mohammad Kamal Syed | Interim CEO, Coutts and Wealth Businesses | 29,545 | 2.6030 | 22 March 2024 |
* Note: the nominal value of ordinary shares without rounding is £1.076923076923077 per share
The transaction took place on the London Stock Exchange (XLON).
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
Exhibit No. 9
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BM8PJY71 |
Issuer Name
NATWEST GROUP PLC |
UK or Non-UK Issuer
UK |
2. Reason for Notification
An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments |
3. Details of person subject to the notification obligation
Name
BlackRock, Inc. |
City of registered office (if applicable)
Wilmington |
Country of registered office (if applicable)
USA |
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
26-Mar-2024 |
6. Date on which Issuer notified
27-Mar-2024 |
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | |
Resulting situation on the date on which threshold was crossed or reached | Below 5% | Below 5% | Below 5% | Below 5% |
Position of previous notification (if applicable) | 4.750000 | 0.380000 | 5.130000 |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
GB00BM8PJY71 | Below 5% | Below 5% | ||
Sub Total 8.A | Below 5% | Below 5% |
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
American Depository Receipt | Below 5% | Below 5% | ||
Securities Lending | Below 5% | Below 5% | ||
Sub Total 8.B1 | Below 5% | Below 5% |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
CFD | Cash | Below 5% | Below 5% | ||
Sub Total 8.B2 | Below 5% | Below 5% |
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary) |
Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
BlackRock, Inc. (Chain 1) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 1) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 1) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 1) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 1) | BlackRock (Singapore) Holdco Pte. Ltd. | |||
BlackRock, Inc. (Chain 1) | BlackRock HK Holdco Limited | |||
BlackRock, Inc. (Chain 1) | BlackRock Lux Finco S.a.r.l. | |||
BlackRock, Inc. (Chain 1) | BlackRock Japan Holdings GK | |||
BlackRock, Inc. (Chain 1) | BlackRock Japan Co., Ltd. | |||
BlackRock, Inc. (Chain 2) | Trident Merger, LLC | |||
BlackRock, Inc. (Chain 2) | BlackRock Investment Management, LLC | |||
BlackRock, Inc. (Chain 3) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 3) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 3) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 3) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 3) | BlackRock Holdco 3, LLC | |||
BlackRock, Inc. (Chain 3) | BlackRock Cayman 1 LP | |||
BlackRock, Inc. (Chain 3) | BlackRock Cayman West Bay Finco Limited | |||
BlackRock, Inc. (Chain 3) | BlackRock Cayman West Bay IV Limited | |||
BlackRock, Inc. (Chain 3) | BlackRock Group Limited | |||
BlackRock, Inc. (Chain 3) | BlackRock Finance Europe Limited | |||
BlackRock, Inc. (Chain 3) | BlackRock Investment Management (UK) Limited | |||
BlackRock, Inc. (Chain 4) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 4) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 4) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 4) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 4) | BlackRock Australia Holdco Pty. Ltd. | |||
BlackRock, Inc. (Chain 4) | BlackRock Investment Management (Australia) Limited | |||
BlackRock, Inc. (Chain 5) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 5) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 5) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 5) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 5) | BlackRock Holdco 3, LLC | |||
BlackRock, Inc. (Chain 5) | BlackRock Cayman 1 LP | |||
BlackRock, Inc. (Chain 5) | BlackRock Cayman West Bay Finco Limited | |||
BlackRock, Inc. (Chain 5) | BlackRock Cayman West Bay IV Limited | |||
BlackRock, Inc. (Chain 5) | BlackRock Group Limited | |||
BlackRock, Inc. (Chain 5) | BlackRock International Limited | |||
BlackRock, Inc. (Chain 6) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 6) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 6) | BlackRock Holdco 4, LLC | |||
BlackRock, Inc. (Chain 6) | BlackRock Holdco 6, LLC | |||
BlackRock, Inc. (Chain 6) | BlackRock Delaware Holdings Inc. | |||
BlackRock, Inc. (Chain 6) | BlackRock Institutional Trust Company, National Association | |||
BlackRock, Inc. (Chain 7) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 7) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 7) | BlackRock Holdco 4, LLC | |||
BlackRock, Inc. (Chain 7) | BlackRock Holdco 6, LLC | |||
BlackRock, Inc. (Chain 7) | BlackRock Delaware Holdings Inc. | |||
BlackRock, Inc. (Chain 7) | BlackRock Fund Advisors | |||
BlackRock, Inc. (Chain 8) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 8) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 9) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 9) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 9) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 9) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 9) | BlackRock (Singapore) Holdco Pte. Ltd. | |||
BlackRock, Inc. (Chain 9) | BlackRock HK Holdco Limited | |||
BlackRock, Inc. (Chain 9) | BlackRock Asset Management North Asia Limited | |||
BlackRock, Inc. (Chain 10) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 10) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 10) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 10) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 10) | BlackRock Holdco 3, LLC | |||
BlackRock, Inc. (Chain 10) | BlackRock Cayman 1 LP | |||
BlackRock, Inc. (Chain 10) | BlackRock Cayman West Bay Finco Limited | |||
BlackRock, Inc. (Chain 10) | BlackRock Cayman West Bay IV Limited | |||
BlackRock, Inc. (Chain 10) | BlackRock Group Limited | |||
BlackRock, Inc. (Chain 10) | BlackRock Finance Europe Limited | |||
BlackRock, Inc. (Chain 10) | BlackRock (Netherlands) B.V. | |||
BlackRock, Inc. (Chain 10) | BlackRock Asset Management Deutschland AG | |||
BlackRock, Inc. (Chain 11) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 11) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 11) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 11) | BlackRock Canada Holdings ULC | |||
BlackRock, Inc. (Chain 11) | BlackRock Asset Management Canada Limited | |||
BlackRock, Inc. (Chain 12) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 12) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 12) | BlackRock Capital Holdings, Inc. | |||
BlackRock, Inc. (Chain 12) | BlackRock Advisors, LLC | |||
BlackRock, Inc. (Chain 13) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 13) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 13) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 13) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 13) | BlackRock Holdco 3, LLC | |||
BlackRock, Inc. (Chain 13) | BlackRock Cayman 1 LP | |||
BlackRock, Inc. (Chain 13) | BlackRock Cayman West Bay Finco Limited | |||
BlackRock, Inc. (Chain 13) | BlackRock Cayman West Bay IV Limited | |||
BlackRock, Inc. (Chain 13) | BlackRock Group Limited | |||
BlackRock, Inc. (Chain 13) | BlackRock Finance Europe Limited | |||
BlackRock, Inc. (Chain 13) | BlackRock Advisors (UK) Limited | |||
BlackRock, Inc. (Chain 14) | BlackRock Holdco 2, Inc. | |||
BlackRock, Inc. (Chain 14) | BlackRock Financial Management, Inc. | |||
BlackRock, Inc. (Chain 14) | BlackRock International Holdings, Inc. | |||
BlackRock, Inc. (Chain 14) | BR Jersey International Holdings L.P. | |||
BlackRock, Inc. (Chain 14) | BlackRock (Singapore) Holdco Pte. Ltd. | |||
BlackRock, Inc. (Chain 14) | BlackRock (Singapore) Limited | |||
BlackRock, Inc. (Chain 15) | Trident Merger, LLC | |||
BlackRock, Inc. (Chain 15) | BlackRock Investment Management, LLC | |||
BlackRock, Inc. (Chain 15) | Amethyst Intermediate, LLC | |||
BlackRock, Inc. (Chain 15) | Aperio Holdings, LLC | |||
BlackRock, Inc. (Chain 15) | Aperio Group, LLC |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
BlackRock Regulatory Threshold Reporting Team |
Jana Blumenstein |
020 7743 3650 |
12. Date of Completion
27 March 2024 |
13. Place Of Completion
12 Throgmorton Avenue, London, EC2N 2DL, U.K. |
Legal Entity Identifier: 2138005O9XJIJN4JPN90
Exhibit No. 10
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 28 March 2024.
Share Class and nominal value | Number of Shares issued | Voting rights per share | Total Voting rights - 28 March 2024 |
Ordinary Shares of £1.0769* (excluding ordinary shares held in treasury) | 8,739,749,542 | 4 | 34,958,998,168 |
Ordinary Shares of £1.0769* held in treasury | 150,192,952 | 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: | 8,890,425,634 | 34,960,930,728 |
* Note: the nominal value of Ordinary Shares without rounding is £1.076923076923077 per share
Shareholders may use the above figure of 34,960,930,728 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: 28 March 2024
NATWEST GROUP plc (Registrant) | |
By: /s/ Jan Cargill | |
Name: Jan Cargill | |
Title: Chief Governance Officer and Company Secretary |