6-K 1 natwestgroupplc-7622g.htm TRANSACTION IN OWN SHARES natwestgroupplc-7622g

 
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 March 13, 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: 
 
 
 
 
 
 
 
 
 
 
NatWest Group plc
 
13 March 2024
 
 
Transaction in Own Shares
 
NatWest Group plc (the 'Company') announces today that it has purchased the following number of ordinary shares in the Company with a nominal value of £1.0769* each ('Ordinary Shares') from UBS AG, London Branch ('UBS') across two transactions, Transaction 1 and Transaction 2 (together the 'Transactions').
 
 
 
 
 
 
 
 
The purchases form part of the Company's existing share buyback programmes, with Transaction 1 purchases effected pursuant to the instructions issued by the Company to UBS on 28 July 2023, as announced on 31 July 2023 and Transaction 2 purchases effected pursuant to the instructions issued by the Company to UBS on 16 February 2024, as announced on 19 February 2024.
 
 
 
 
 
 
 
 
Aggregated information relating to the Transactions is set out in the tables below.
 
 
 
 
 
 
 
 
Transaction 1:
 
 
 
 
 
 
 
 
 
 
 
 
 
Date of purchase
Number of Ordinary Shares purchased
Highest price paid: (GBp)
Lowest price paid: (GBp)
Volume  weighted average price paid per share (GBp)
Venue
 
13 March 2024
0
0.00
0.00
0.0000
LSE
 
13 March 2024
0
0.00
0.00
0.0000
CHIX
 
13 March 2024
0
0.00
0.00
0.0000
BATE
 
 
 
 
 
 
 
 
Transaction 2:
 
 
 
 
 
 
 
 
 
 
 
 
 
Date of purchase
Number of Ordinary Shares purchased
Highest price paid: (GBp)
Lowest price paid: (GBp)
Volume  weighted average price paid per share (GBp)
Venue
 
13 March 2024
4,773
254.40
253.30
253.9737
LSE
 
13 March 2024
1,599
253.60
253.60
253.6000
CHIX
 
13 March 2024
3,121
254.20
253.70
253.9695
BATE
 
 
 
 
 
 
 
 
* Note: the nominal value of Ordinary Shares without rounding is £1.076923076923077 per share
 
 
 
 
 
 
 
 
The Company intends to cancel all of the Ordinary Shares repurchased under the Transactions. Following the settlement of the transactions, the Company will hold 151,511,323 Ordinary Shares in treasury and have 8,773,240,500 Ordinary Shares in issue (excluding treasury shares).
 
 
 
 
 
 
 
 
Further information:
 
 
 
 
 
 
 
Investor Relations
 
 
 
 
 
 
+ 44 (0)207 672 1758
 
 
 
 
 
 
 
 
 
 
 
 
 
Media Relations
 
 
 
 
 
 
+44 (0)131 523 4205
 
 
 
 
 
 
 
 
 
 
 
 
 
Legal Entity Identifier: 2138005O9XJIJN4JPN90
 
 
 
 
 
 
 
Details of the Transactions
 
 
 
 
 
In accordance with Article 5(1)(b) of Regulation (EU) No.596/2014 as it applies in the UK (Market Abuse Regulation), a full breakdown of the individual trades made by UBS on behalf of the Company as part of the buyback programmes relating to the Transactions is detailed below:
 
 
 
 
 
 
 
 
Transaction 2:
 
 
 
 
 
 
Transaction Date
Time
Time Zone
Volume (shares)
Price (GBp)
Trading Venue
MatchID
13 March 2024
08:00:12
BST
395
253.80
BATE
1366074
13 March 2024
08:00:12
BST
402
254.00
BATE
1366072
13 March 2024
08:00:12
BST
235
254.00
BATE
1366070
13 March 2024
08:00:12
BST
685
254.10
BATE
1365996
13 March 2024
08:00:12
BST
622
254.20
BATE
1365994
13 March 2024
08:00:12
BST
51
254.20
BATE
1365992
13 March 2024
08:00:14
BST
731
253.70
BATE
1366399
13 March 2024
08:01:00
BST
106
253.60
CHIX
1370015
13 March 2024
08:01:00
BST
1493
253.60
CHIX
1370013
13 March 2024
08:00:10
BST
1009
254.40
LSE
1365638
13 March 2024
08:00:12
BST
1637
254.30
LSE
1365972
13 March 2024
08:00:14
BST
1172
253.70
LSE
1366397
13 March 2024
08:01:24
BST
955
253.30
LSE
1370366
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Date: 13 March 2024
 
 
 
NATWEST GROUP plc (Registrant)
 
 
 
By: /s/ Jan Cargill
 
 
 
Name: Jan Cargill
 
Title: Chief Governance Officer and Company Secretary