Form 20-F ☒

 

Form 40-F ☐

 

 

 

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 attached ii:

 

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

 

 

An acquisition or disposal of financial instruments

 

 

An event changing the breakdown of voting rights

 

 

Other (please specify) iii:

 

x

3. Details of person subject to the notification obligation iv

 

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 reached vi:

 

14 May 2025

6. Date on which issuer notified (DD/MM/YYYY):

 

14 May 2025

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 (8.A + 8.B) vii

Resulting situation on the date on which threshold was crossed or reached

0.90%

 

0.90%

291,233,312

Position of previous notification (if

applicable)

1.98%

 

1.98%

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii

 

A: Voting rights attached to shares

 

Class/type ofshares

ISIN code (if possible)

Number of voting rights ix

 

% of voting rights

Direct

(DTR5.1)

Indirect

 (DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

Ordinary Shares of £1.0769 each GB00BM8PJY71

 

291,233,312

 

0.90%

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. A

 

291,233,312

0.90%

 

 

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

 

Type of financial instrument

Expirationdate x

Exercise/Conversion Period xi

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 DTR5.3.1R (1) (b)

 

Type of financial instrument

Expirationdate x

Exercise/Conversion Period xi

Physical or cash Settlement xii

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) issuer xiii

 

 

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 entity (please add additional rows as necessary) xiv

 

x

Name xv

% 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

 

0.90%

 

0.90%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 information xvi

 

This TR-1 is being issued by NatWest Group plc ("NWG") on a voluntary basis and is based on information disclosed to NWG by UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury. NWG may make further discretionary disclosures if the percentage of voting rights of His Majesty's Treasury in NWG continues to fall as a result of further disposals of shares. NWG does not anticipate making such disclosures in respect of any other shareholders in similar circumstances.

 

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 NWG, as shown on this form (0.90%), has been calculated following the disposal by HMT of 87,283,939 ordinary shares in NWG since its last TR-1 notification on 01 May 2025, 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

 

14 May 2025

 

 

 

NatWest Group plc

(Registrant)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date:

15 May 2025

 

 

By:

/s/ Mark Stevens

 

 

 

 

 

 

 

 

 

 

 

 

Name:

Mark Stevens

 

 

 

 

 

Title:

Assistant Secretary