6-K 1 natwestgroupplc-maybatchf.htm BATCH FILING natwestgroupplc-maybatchf
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 May 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
 
Director/PDMR Shareholding dated 01 May 2024
 
Exhibit No. 2
 
Director/PDMR Shareholding dated 09 May 2024
 
Exhibit No. 3
 
Holding(s) in Company - HMT shareholding dated 13 May 2024
 
Exhibit No. 4
 
Holding(s) in Company - Norges Bank shareholding 22 May 2024
 
Exhibit No. 5
 
Holding(s) in Company - HMT Shareholding dated 31 May 2023
 
Exhibit No. 6
 
Off-Market Purchase of Ordinary Shares from HMT dated 31 May 2024
 
Exhibit No. 7
 
Total Voting Rights dated 31 May 2024
 
 
 
Exhibit No. 1
 
1 May 2024
 
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 the PDMRs set out below acquired ordinary shares of £1.0769* each in the Company (Shares) (ISIN: GB00BM8PJY71) on 29 April 2024. The Shares were acquired through the reinvestment of the ordinary dividend paid by the Company on 29 April on Shares which the PDMRs had originally acquired in accordance with the Company's Chairman and Non-executive Directors shareholding policy or employee share plans as appropriate:
 
Name of PDMR
Position of PDMR
No. of Shares purchased
Purchase price
Frank Dangeard
Independent non-executive director
172
£3.0348
Roisin Donnelly
Independent non-executive director
172
£3.0348
Patrick Flynn
Independent non-executive director
172
£3.0348
Yasmin Jetha
Independent non-executive director
159
£3.0348
Stuart Lewis
Independent non-executive director
147
£3.0348
Mark Seligman
Senior Independent Director
159
£3.0348
Lena Wilson
Independent non-executive director
153
£3.0348
David Lindberg
CEO, Retail Banking
16,764
£3.0348
 
* Note: the nominal value of ordinary shares without rounding is £1.076923076923077 per share 
 
The transactions 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. 2
 
 
9 May 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 Sharing in Success awards (SiS), over ordinary shares of £1.0769* each in the Company (Shares) (ISIN: GB00BM8PJY71) were granted on 8 May 2024 under the NatWest Group plc 2024 Employee Share Plan (the Plan) and immediately vested. The market price per Share used on the grant of the above awards was £3.0380.
 
The number of Shares vested, 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
Award
No. of Shares vested
No. of Shares withheld to satisfy associated tax liability
No. of vested Shares retained
Robert Begbie
CEO, NatWest Commercial & Institutional and CEO NatWest Markets
SiS
330
166
164
Keiran Foad
Group Chief Risk Officer
SiS
330
156
174
David Lindberg
CEO, Retail Banking
SiS
330
156
174
Scott Marcar
Group Chief Information Officer
SiS
330
156
174
Katie Murray
Group Chief Financial Officer
SiS
330
156
174
Mohammad Kamal Syed
Interim CEO, Coutts and Wealth Businesses
SiS
330
156
174
Paul Thwaite
Group Chief Executive Officer
SiS
330
156
174
Jen Tippin
Group Chief Operating Officer
SiS
330
156
174
 
 * Note: the nominal value of ordinary shares without rounding is £1.076923076923077 per share 
 
The market price used to meet associated tax liabilities was £3.1241. 
 
Clawback provisions will apply for a period of seven years from the date of grant, extended to ten years, for relevant PDMRs, if events are under investigation at the end of the seven year period.
 
Vested Shares retained after payment of associated tax liabilities will be subject to a twelve-month retention period. 
   
2.  The Company announces that Shares were delivered to PDMRs on 8 May 2024, as set out below. The Shares delivered represent payment of a fixed share allowance for the three-month period ending 30 June 2024 and have been calculated using a share price of £3.0380.
 
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 Commercial & Institutional and CEO NatWest Markets
27,181
13,611
13,570
Keiran Foad
Group Chief Risk Officer
33,946
15,979
17,967
David Lindberg
CEO, Retail Banking
29,363
13,822
15,541
Scott Marcar
Group Chief Information Officer
33,946
15,979
17,967
Katie Murray
Group Chief Financial Officer
64,842
30,522
34,320
Paul Thwaite
Group Chief Executive Officer
95,101
44,765
50,336
Jen Tippin
Group Chief Operating Officer
33,946
15,979
17,967
 
The market price used to determine the number of Shares withheld to meet associated tax liabilities was £3.1241. 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.
 
All of the above transactions 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. 3
 
 
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:
 
10 May 2024
 
6. Date on which issuer notified (DD/MM/YYYY):
 
10 May 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
26.95%
 
26.95%
34,896,338,432
Position of previous notification (if
applicable)
27.93%
 
27.93%
 
 
 
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
9,403,380,508
 
26.95%
 
 
 
 
 
 
 
 
 
 
 
SUBTOTAL 8. A
9,403,380,508
26.95%
 
 
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
26.95%
 
26.95%
 
 
 
 
 
 
 
 
 
 
 
 
 
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 (26.95%), has been calculated following the disposal by HMT of 90,641,999 ordinary shares in NWG since its last TR-1 notification on 26 April 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
 
10 May 2024
 
 
Legal Entity Identifier: 2138005O9XJIJN4JPN90
 
 
 
Exhibit No. 4
 
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
 
Norges Bank
 
City of registered office (if applicable)
 
Oslo
 
Country of registered office (if applicable)
 
Norway
 
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
 
20-May-2024
 
6. Date on which Issuer notified
 
21-May-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
 
2.955960
 
0.000000
 
2.955960
 
257993793
 
Position of previous notification (if applicable)
 
3.066110
 
0.000000
 
3.066110
 
 
 
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
 
257993793
 
 
2.955960
 
 
Sub Total 8.A
257993793
 
2.955960%
 
 
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
 
1. 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) issuer.
 
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
 
 
 
 
 
 
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
 
21-May-2024
 
13. Place Of Completion
 
Oslo, Norway
 
Legal Entity Identifier: 2138005O9XJIJN4JPN90
 
 
 
Exhibit No. 5
 
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:
30 May 2024
 
6. Date on which issuer notified (DD/MM/YYYY):
30 May 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
25.98%
 
25.98%
34,896,338,432
Position of previous notification (if
applicable)
26.95%
 
26.95%
 
 
 
 
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
9,067,049,840
 
25.98%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SUBTOTAL 8. A
9,067,049,840
25.98%
 
 
 
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
25.98%
 
25.98%
 
 
 
 
 
 
 
 
 
 
 
 
 
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 (25.98%), has been calculated following the disposal by HMT of 84,082,667 ordinary shares in NWG since its last TR-1 notification on 13 May 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
30 May 2024
 
Legal Entity Identifier: 2138005O9XJIJN4JPN90
 
 
 
Exhibit No. 6
 
 
NatWest Group plc
 
31 May 2024
 
Off-market purchase of  392,448,233 ordinary shares from His Majesty's Treasury ("HM Treasury")
 
NatWest Group plc (the "Company") has agreed with HM Treasury to make an off-market purchase (the "Off-Market Purchase") of 392,448,233 ordinary shares in the Company with a nominal value of £1.0769* each ("Ordinary Shares") at a price of 316.2 pence per Ordinary Share, being the closing price of the Ordinary Shares on the London Stock Exchange on 30 May 2024.  The total consideration for the Off-Market Purchase will be £1,240,921,312.75.
 
The purchased Ordinary Shares represent 4.50 per cent of the Company's issued Ordinary Share capital (excluding treasury shares). The Off-Market Purchase is expected to settle on 4 June 2024.
 
A contract (the "Directed Buyback Contract") between the Company and HM Treasury was approved by the shareholders of the Company at a General Meeting held on 6 February 2019 and signed on 7 February 2019. Amendments to the Directed Buyback Contract were approved by the shareholders of the Company at a General Meeting held on 25 August 2022 and signed on 17 November 2022 and at the Annual General Meeting held on 23 April 2024 and signed on 07 May 2024.  The authority from shareholders to make off-market purchases of Ordinary Shares from HM Treasury (or its nominee) under the terms of the Directed Buyback Contract was renewed at the Annual General Meeting on 23 April 2024.
 
The Company intends to cancel 222,448,233 of the purchased Ordinary Shares and hold the remaining 170,000,000 Ordinary Shares in treasury. Holding Ordinary Shares as treasury shares gives the Company the ability to cancel or re-issue such Ordinary Shares at a later date, quickly and cost effectively, and may provide the Company with additional flexibility in the management of its capital base, including the allotment of Ordinary Shares in relation to its employee share plans.
 
Under Chapter 11 of the Listing Rules, the Directed Buyback Contract constitutes a related party transaction. However, the Off-Market Purchase is treated as a smaller related party transaction under LR 11.1.10 R.
 
Upon settlement of the above transaction:
 
-     the Company will hold 301,835,417 of its Ordinary Shares as treasury shares;
-     the Company will have in issue 8,328,623,628 Ordinary Shares (excluding treasury shares)** and 483,140 Cumulative Preference Shares of £1; and
-     HM Treasury will hold approximately 22.5*** per cent. of the Company's voting rights.
 
The Company continues to target CET1 ratio in the range of 13-14%. The transaction is broadly TNAV per share neutral.
 
Paul Thwaite, CEO of Natwest Group commented: "This transaction represents another important milestone for NatWest Group, building on recent momentum in the reduction of HM Treasury's stake in the bank. We believe it is a positive use of capital for the bank and for our shareholders and represents further progress against the ambition to return NatWest Group to full private ownership. Our focus remains on delivering for our customers which will, in turn, deliver for our shareholders and the UK economy."
 
 
*The nominal value of Ordinary Shares without rounding is £1.076923076923077 per share
 
**This number does not take into account any purchases of Ordinary Shares which (i) may have taken place but have not, at the date of this announcement, settled under the Company's On Market Share Buyback Programme which commenced on 19 February 2024 (the "Programme") or (ii) may take place under the Programme between the date of this announcement and settlement of the Off-Market Purchase.
 
*** This number is based on the Company's most recent TR-1 notification of major shareholdings on 31 May 2024 in respect of HM Treasury's shareholding notification dated 30 May 2024 and does not take into account any sales executed by HM Treasury since the notification date.
 
Further information:
 
Investor Relations
+ 44 (0)207 672 1758
 
Media Relations
+44 (0)131 523 4205
 
Legal Entity Identifier: 2138005O9XJIJN4JPN90 
 
Forward-looking statements
This document may include forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, such as statements that include, without limitation, the words 'expect', 'estimate', 'project', 'anticipate', 'commit', 'believe', 'should', 'intend', 'will', 'plan', 'could', 'probability', 'risk', 'Value-at-Risk (VaR)', 'target', 'goal', 'objective', 'may', 'endeavour', 'outlook', 'optimistic', 'prospects' and similar expressions or variations on these expressions. These statements concern or may affect future matters, such as NatWest Group's future economic results, business plans and strategies.  In particular, this document may include forward-looking statements relating to NatWest Group plc in respect of, but not limited to: its economic and political risks, its financial position, profitability and financial performance (including financial, capital, cost savings and operational targets), the implementation of its strategy, its climate and sustainability-related targets, increasing competition from incumbents, challengers and new entrants and disruptive technologies, its access to adequate sources of liquidity and funding, its regulatory capital position and related requirements, its exposure to third party risks, its ongoing compliance with the UK ring-fencing regime and ensuring operational continuity in resolution, its impairment losses and credit exposures under certain specified scenarios, substantial regulation and oversight, ongoing legal, regulatory and governmental actions and investigations, and NatWest Group's exposure to operational risk, conduct risk, cyber, data and IT risk, financial crime risk, key person risk and credit rating risk. Forward-looking statements are subject to a number of risks and uncertainties that might cause actual results and performance to differ materially from any expected future results or performance expressed or implied by the forward-looking statements. Factors that could cause or contribute to differences in current expectations include, but are not limited to, future growth initiatives (including acquisitions, joint ventures and strategic partnerships), the outcome of legal, regulatory and governmental actions and investigations, the level and extent of future impairments and write-downs, legislative, political, fiscal and regulatory developments, accounting standards, competitive conditions, technological developments, interest and exchange rate fluctuations, general economic and political conditions and the impact of climate-related risks and the transitioning to a net zero economy. These and other factors, risks and uncertainties that may impact any forward-looking statement or NatWest Group plc's actual results are discussed in NatWest Group plc's 2023 Annual Report on Form 20-F, NatWest Group plc's Interim Management Statement for Q1 2024 on Form 6-K,  and its other public filings. The forward-looking statements contained in this document speak only as of the date of this document and NatWest Group plc does not assume or undertake any obligation or responsibility to update any of the forward-looking statements contained in this document, whether as a result of new information, future events or otherwise, except to the extent legally required.
 
 
 
Exhibit No. 7
 
 
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
31 May 2024.
 
Share Class and nominal value
Number of Shares issued
Voting rights per share
Total Voting rights -
31 May 2024
Ordinary Shares of £1.0769* (excluding ordinary shares held in treasury)
8,719,814,077
 
 
4
34,879,256,308
Ordinary Shares of £1.0769* held in treasury
131,821,048
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:
8,852,118,265
 
34,881,188,868
 
* Note: the nominal value of Ordinary Shares without rounding is £1.076923076923077 per share
 
 
Shareholders may use the above figure of 34,881,188,868 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.
 
The off-market purchase of ordinary shares from His Majesty's Treasury, which was announced earlier today, is expected to settle on 4 June 2024 and is not reflected in the above figures.
 
Legal Entity Identifier: 2138005O9XJIJN4JPN90     
 
 
 
Date: 31 May 2024
 
 
 
 
NATWEST GROUP plc (Registrant)
 
 
 
By: /s/ Jan Cargill
 
 
 
Name: Jan Cargill
 
Title: Chief Governance Officer and Company Secretary