Important information
This document contains only some information relating to NatWest Group plc 2020 Employee Share Ownership Plan (the ‘Plan’).
Your participation, or right to participate, in the Plan is governed by the Plan rules and does not affect, or form part of, your contract of employment. These rules include specific provisions limiting your rights under the Plan. You will not have any rights to compensation or damages for any loss of rights, benefits or prospective benefits under the Plan as a consequence of the termination of your employment.
There is no guarantee that the Plan will be operated in future years, or, if it is operated, that you will be selected for participation in it. NatWest Group plc may amend, suspend or terminate all or any part of the Plan at any time, but may only do so in accordance with the Plan rules.
No information in this document should be taken as providing any investment or financial advice or as a recommendation to buy, sell or hold shares in NatWest Group plc. The value of shares and the income from them can fall as well as rise and an investor might not receive back the full amount invested in shares.
If you are in any doubt as to what action you should take and/or the financial or taxation implications of any decisions you might make, you are strongly recommended to seek independent professional advice.
References in this document to any taxation consequences are those generally applying at the time of publication (October 2020). They are provided for guidance only. Tax legislation may change in the future. The actual taxation consequences and the availability (and value) of any tax relief will depend on your own individual circumstances.
In the event of any conflict between this document and the Plan rules or any applicable legislation, the Plan rules and legislation will take precedence.
The shares are offered to you by the NatWest Group plc in accordance with the terms of the Plan. NatWest Group Colleagues in the UK and Isle of Man who meet the eligibility requirements are being offered shares under the Plan as an added incentive and to encourage colleague share ownership and so increase their interest in the success of NatWest Group.
The maximum number of NatWest Group shares being offered under the Plan on this occasion will not exceed 10% of the issued share capital of the Plan (operating as Buy As You Earn) and the minimum number is nil. The shares to be used under this offer may be existing shares or new issue shares. Further information on NatWest Group, NatWest Group’s share price and details of the rights attaching to the shares can be found in the Investor Relations section of the NatWest Group website at www.natwestgroup.com (opens in a new tab).
Certain information is provided in this document in order for this offer and any subsequent admission of shares to trading to fall within Article 4.1(e) and Article 4.2(f) of the Prospectus Directive (2003/71/EC) which exempt NatWest from producing a prospectus under that directive.