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
July 22, 2020
Commission
File Number: 001-10306
The
Royal Bank of Scotland Group plc
RBS,
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 if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule
101(b)(1):_________
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule
101(b)(7):_________
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
22 July 2020
The Royal Bank of Scotland Group plc changes name to NatWest Group
plc
NatWest Group plc today announces that its name has been changed
from The Royal Bank of Scotland Group plc. The change of name has
now been registered at Companies House in Edinburgh and is
effective from today.
Trading in NatWest Group plc's ordinary shares on the London Stock
Exchange under the new name and an updated ticker (NWG) will
commence from Thursday, 23 July 2020. Trading in NatWest Group
plc's ADRs on the New York Stock Exchange under the new name and an
updated ticker (NWG) will also commence from Thursday, 23 July
2020.
Existing share certificates remain valid and no new share
certificates are being issued. The International
Securities Identification Number (ISIN) will not
change. Any debt
instruments issued in the name of The Royal Bank of Scotland Group
plc will now be in the name of NatWest Group plc. The change of
name does not result in any change of issuer or guarantor under any
outstanding externally-issued debt instruments, including the debt
instruments issued by NatWest Markets Plc (some of which are
guaranteed by The Royal Bank of Scotland Group plc, which has been
renamed to NatWest Group plc), NatWest Markets N.V. and National
Westminster Bank Plc. No action is required on the part of any
equity or debt holders with respect to their rights as an equity or
debt holder.
Alison Rose, Chief Executive of NatWest Group plc,
commented:
'This is a historic day for our bank as we become NatWest Group
plc. Although there will be no changes to our customer brands, it's
a symbolic moment for our colleagues and stakeholders.
The bank has changed fundamentally over the last decade and now is
the right time to align our Group name with the brand under which
the majority of our business is delivered.
While what we are called is important, it's how we do business that
defines us. In these most challenging of circumstances, we have put
in place extraordinary measures to support our customers,
colleagues and communities throughout the COVID-19
crisis.
Further tests are sure to come. However, by establishing even
deeper relationships with our customers and partners and building
on the strong foundations we've put in place over the past ten
years, NatWest Group will help the people, families and businesses
we serve to recover, rebuild and, ultimately, thrive.
We are building a sustainable and purposeful business that
champions the potential of our customers at every stage of their
lives, delivers for our stakeholders and plays a positive role in
our society.'
More information on the change of name will be available on our new
corporate website www.natwestgroup.com which will be live
shortly.
Name of contact and telephone number for queries:
Investor Relations
Alexander Holcroft
Head of Investor Relations
+44 (0) 207 672 1758
NatWest Group plc Media Relations
+44 (0) 131 523 4205
Legal Entity Identifier:
NatWest Group plc
2138005O9XJIJN4JPN90
NatWest Markets Plc
RR3QWICWWIPCS8A4S074
NatWest Markets
N.V.
X3CZP3CK64YBHON1LE12
National Westminster Bank Plc
213800IBT39XQ9C4CP71
Forward looking statements
This document contains forward-looking statements within the
meaning of the United States Private Securities Litigation Reform
Act of 1995, such as statements that include, without limitation,
the words 'expect', 'estimate', 'project', 'anticipate', 'commit',
'believe', 'should', 'intend', 'plan', 'could', 'probability',
'risk', 'Value-at-Risk (VaR)', 'target', 'goal', 'objective',
'may', 'endeavour', 'outlook', 'optimistic', 'prospects' and
similar expressions or variations on these expressions. These
statements concern or may affect future matters, such as NatWest
Group plc's future economic results, business plans and
strategies. In particular, this document may include
forward-looking statements relating to NatWest Group plc in respect
of, but not limited to: its regulatory capital position and related
requirements, its financial position, profitability and financial
performance (including financial, capital and operational targets),
its access to adequate sources of liquidity and funding, increasing
competition from new incumbents and disruptive technologies, its
exposure to third party risks, its ongoing compliance with the UK
ring-fencing regime and ensuring operational continuity in
resolution, its impairment losses and credit exposures under
certain specified scenarios, substantial regulation and oversight,
ongoing legal, regulatory and governmental actions and
investigations, the transition of LIBOR and IBOR rates to
alternative risk free rates and NatWest Group plc's exposure to
economic and political risks (including with respect to terms
surrounding Brexit and climate change), operational risk, conduct
risk, cyber and IT risk, key person risk and credit rating
risk. 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, the final
number of PPI claims and their amounts, legislative, political,
fiscal and regulatory developments, accounting standards,
competitive conditions, technological developments, interest and
exchange rate fluctuations, general economic conditions and the
uncertainty surrounding the Covid-19 pandemic and its impact on
NatWest Group plc. These and other factors, risks and uncertainties
that may impact any forward-looking statement or NatWest Group
plc's actual results are discussed in NatWest Group plc's UK 2019
Annual Report and Accounts (ARA) and materials filed with, or
furnished to, the US Securities and Exchange Commission, including,
but not limited to, NatWest Group plc's most recent Annual Report
on Form 20-F and Reports on Form 6-K. The forward-looking
statements contained in this document speak only as of the date of
this document and NatWest Group plc does not assume or undertake
any obligation or responsibility to update any of the
forward-looking statements contained in this document, whether as a
result of new information, future events or otherwise, except to
the extent legally required.
Date: 22
July 2020
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THE
ROYAL BANK OF SCOTLAND GROUP plc (Registrant)
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By: /s/
Jan Cargill
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Name:
Jan Cargill
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Title:
Deputy Secretary
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