AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Natwest Group PLC

Notice of Dividend Amount Oct 31, 2018

Preview not available for this file type.

Download Source File

author: "patteja"
date: 2018-10-30 19:25:00+00:00
processing_status: success_python-docx_mammoth


Royal Bank of Scotland Group

31st October 2018

NatWest Markets Plc ‐ Declaration of Interim Dividend

NatWest Markets Plc (NatWest Markets) today announces it has declared an interim ordinary dividend payable to its parent company, The Royal Bank of Scotland Group plc (RBSG Group), of 575.70 pence per ordinary share, corresponding to a total payment of £2.3 billion.

On a pro forma basis, the dividend reduces NatWest Markets’ Common Equity Tier 1 (CET1) ratio as at 30 September 2018 by 5.6% from 22.7% to 17.1%, in line with the RBS Group’s internal capital management plan. The dividend does not have any impact on the RBS Group’s CET1 ratio.

For further information contact:

NatWest Markets Investor Relations

Richard Coombs

Head of NatWest Markets Investor Relations

+44 (0) 20 7678 2069

RBS Investor Relations:

Matt Waymark

Head of Investor Relations

+44 (0) 20 7672 1758

Forward Looking Statements

This announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including those related to RBS and its subsidiaries' regulatory capital position, and requirements, financial position, future pension funding requirements, on-going litigation and regulatory investigations, profitability, risk-weighted assets, impairment losses and credit exposures under certain specified scenarios. In addition, forward-looking statements may include, without limitation, statements typically containing words such as "intends", "expects", "anticipates", "targets", "plans", "believes", "risk", "estimates" and words of similar import. These statements concern or may affect future matters, such as RBS's future economic results, business and capital plans and current strategies. Forward-looking statements are subject to a number of risks and uncertainties that might cause actual results and performance to differ materially from any expected future results or performance expressed or implied by the forward-looking statements. Factors that could cause or contribute to differences in current expectations include, but are not limited to, legislative, fiscal and regulatory developments, accounting standards, competitive conditions, technological developments, exchange rate fluctuations and general economic conditions. These and other factors, risks and uncertainties that may impact any forward-looking statement or RBS's actual results are discussed in RBS's UK annual report and accounts and interim reports and materials filed with, or furnished to, the US Securities and Exchange Commission, including, but not limited to, RBS's Reports on Form 6-K and most recent Annual Report on Form 20-F. The forward-looking statements contained in this announcement speak only as of the date of this announcement and RBS does not assume or undertake any obligation or responsibility to update any of the forward-looking statements contained in this announcement, whether as a result of new information, future events or otherwise, except to the extent legally required.

Legal Entity Identifiers

NatWest Markets Plc RR3QWICWWIPCS8A4S074
The Royal Bank of Scotland Group plc 2138005O9XJIJN4JPN90

Talk to a Data Expert

Have a question? We'll get back to you promptly.