<SEC-DOCUMENT>0001104659-25-002404.txt : 20250110
<SEC-HEADER>0001104659-25-002404.hdr.sgml : 20250110
<ACCEPTANCE-DATETIME>20250110122314
ACCESSION NUMBER:		0001104659-25-002404
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250110
DATE AS OF CHANGE:		20250110

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NatWest Group plc
		CENTRAL INDEX KEY:			0000844150
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-10306
		FILM NUMBER:		25521794

	BUSINESS ADDRESS:	
		STREET 1:		GOGARBURN
		STREET 2:		PO BOX 1000
		CITY:			EDINBURGH, SCOTLAND
		STATE:			X0
		ZIP:			EH12 1HQ
		BUSINESS PHONE:		441315568555

	MAIL ADDRESS:	
		STREET 1:		GOGARBURN
		STREET 2:		PO BOX 1000
		CITY:			EDINBURGH, SCOTLAND
		STATE:			X0
		ZIP:			EH12 1HQ

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ROYAL BANK OF SCOTLAND GROUP PLC
		DATE OF NAME CHANGE:	19950712

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HM Treasury
		CENTRAL INDEX KEY:			0001451785
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		144

	BUSINESS ADDRESS:	
		STREET 1:		1 HORSE GUARDS ROAD
		CITY:			LONDON, SW1A 2HQ
		STATE:			X0
		ZIP:			00000
		BUSINESS PHONE:		(44)20-7270-5665

	MAIL ADDRESS:	
		STREET 1:		1 HORSE GUARDS ROAD
		CITY:			LONDON, SW1A 2HQ
		STATE:			X0
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: HM Treasury -->
          <cik>0001451785</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000844150</issuerCik>
      <issuerName>NatWest Group plc</issuerName>
      <secFileNumber>001-10306</secFileNumber>
      <issuerAddress>
        <com:street1>Gogarburn, PO Box 1000</com:street1>
        <com:city>Edinburgh</com:city>
        <com:stateOrCountry>X0</com:stateOrCountry>
        <com:zipCode>EH12 1HQ</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>44-0370-702-0135</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>The Commissioners of His Majesty's Treasury</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Affiliate</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Morgan Stanley &amp; Co. International</name>
        <address>
          <com:street1>25 Cabot Square</com:street1>
          <com:city>London</com:city>
          <com:stateOrCountry>X0</com:stateOrCountry>
          <com:zipCode>E14 4AQ</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>80544153</noOfUnitsSold>
      <aggregateMarketValue>310094988.43</aggregateMarketValue>
      <noOfUnitsOutstanding>8054415284</noOfUnitsOutstanding>
      <approxSaleDate>01/11/2025</approxSaleDate>
      <securitiesExchangeName>Exchanges outside US</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
      <acquiredDate>12/01/2008</acquiredDate>
      <natureOfAcquisitionTransaction>The Commissioners of His Majesty's Treasury acquired an 84% stake in Royal Bank of Scotland (now NatWest Group plc) as part of a series of recapitalizations designed to maintain stability at the height of the financial crisis.</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>NatWest Group plc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>45500000000</amountOfSecuritiesAcquired>
      <paymentDate>12/01/2008</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>The Commissioners of His Majesty's Treasury</name>
        <address>
          <com:street1>1 Horse Guards Road</com:street1>
          <com:city>London</com:city>
          <com:stateOrCountry>X0</com:stateOrCountry>
          <com:zipCode>SW1A 2HQ</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
      <saleDate>01/10/2025</saleDate>
      <amountOfSecuritiesSold>17835581</amountOfSecuritiesSold>
      <grossProceeds>66651789.62</grossProceeds>
    </securitiesSoldInPast3Months>
    <remarks>(1) The aggregate market value of the shares to be sold is in pounds sterling (GBP) and is up to the value as of 01/09/2025. (2) The shares can be sold any time from 08/12/2021 to 08/11/2025. The date provided in "Approximate Date of Sale" (under 144: Securities Information) represents the three month period from 01/11/2025. (3) The seller acquired the shares to be sold over the period from December 2008 through December 2009. These purchases are reflected in aggregate in GBP in "Amount of Securities Acquired" (under 144: Securities Information). (4) The figure provided in "Amount of Securities Sold" and "Gross Proceeds" (under 144: Securities Sold During The Past 3 Months) does not include sales of securities made by the seller other than pursuant to Rule 144. Gross Proceeds are in GBP. (5) The date provided in "Date of Sale" (under 144:Securities Sold During Past 3 Months) represents the range of dates from 10/11/2024 - 01/10/2025</remarks>
    <noticeSignature>
      <noticeDate>01/10/2025</noticeDate>
      <signature>/s/ Mario Pisani, Deputy Director, Financial Stability</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
