Director/PDMR Shareholding

RNS Number : 4640Y

Paragon Banking Group PLC

05 December 2017

 

Paragon Banking Group PLC:

Director Shareholding

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard James Woodman
2	Reason for the notification
a)	Position/status	Chief Financial Officer (PDMR)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Paragon Banking Group PLC
b)	LEI	213800S1TDKIB1IUTS72
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of £1.00 each in Paragon Banking Group PLC GB00B2NGPM57
b)	Nature of the transaction	Exercise of 611,330 awards granted for nil consideration (as below) and the sale of 536,330 shares: 1) 425,829 shares under the Paragon Performance Share Plan; 2) 148,595 shares under the Paragon Performance Share Plan 2013; and 3) 36,906 shares under the Paragon Deferred Share Bonus Plan 2013. Following this exercise and sale, Richard Woodman is interested in 226,051 Ordinary Shares of £1.00 each in Paragon Banking Group PLC.
c)	Price(s) and volume(s)	Price(s) Volume(s) 477.66p 536,330
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	2017/12/04
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

Enquiries:

Pandora Sharp, Company Secretary

0121 712 2075

 

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