NatWest Group (NWG) grants senior executives fixed share allowances under 2024 plan
Rhea-AI Filing Summary
NatWest Group plc reported that ordinary shares of £1.0769 each were delivered on 11 August 2026 to several Persons Discharging Managerial Responsibility under the 2024 Employee Share Plan. These awards represent a fixed share allowance for the three‑month period ending 30 September 2026, calculated using a share price of £7.1536. The market price used to determine shares withheld for tax was £7.0608, and the net shares retained for each PDMR will be held and released in instalments over a five‑year period.
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Key Figures
Share price for award calculation: £7.1536 per share
Market price for tax withholding: £7.0608 per share
Paul Thwaite shares delivered: 42,534 shares
+3 more
6 metrics
Share price for award calculation
£7.1536 per share
Used to calculate fixed share allowance for three months ending 30 September 2026
Market price for tax withholding
£7.0608 per share
Used to determine number of shares withheld to meet associated tax liabilities
Paul Thwaite shares delivered
42,534 shares
Group Chief Executive Officer share delivery on 11 August 2026
Paul Thwaite shares retained
22,512 shares
Net shares retained after tax withholding, to be released over five years
Katie Murray shares delivered
29,001 shares
Group Chief Financial Officer share delivery on 11 August 2026
Ordinary share nominal value
£1.0769 per share
Nominal value of NatWest Group ordinary shares used in the awards
Key Terms
Persons Discharging Managerial Responsibility, UK Market Abuse Regulation, fixed share allowance, nominal value, +1 more
5 terms
Persons Discharging Managerial Responsibility regulatory
"INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY (PDMRs)"
Senior managers and company directors who have authority over business decisions and regular access to confidential information that could affect the share price. Investors watch their share dealings and required disclosures because these people are more likely to know important company news before the public; their buying or selling can signal confidence or raise red flags about potential insider information, much like a coach's moves revealing the team's true condition.
UK Market Abuse Regulation regulatory
"in accordance with Article 19 THE UK MARKET ABUSE REGULATION"
nominal value financial
"the nominal value of ordinary shares without rounding is £1.076923076923077 per share"
Nominal value is the stated or face amount assigned to a financial instrument — for shares it’s the par value printed on the stock certificate, and for money or returns it can mean the number not adjusted for inflation. Think of it like a price tag on an item versus its buying power: the tag tells you the label, but not how much you can actually buy. Investors care because nominal values affect accounting, legal capital, dividend calculations and comparisons over time when inflation may distort real worth.
AI-generated analysis. How Rhea-AI works. Not financial advice.