Director/PDMR Shareholding

RNS Number : 7431W
Paragon Banking Group PLC
12 December 2019
 

Paragon Banking Group PLC:

Director Shareholding

 

On 12 December 2019, Paragon Banking Group PLC (the "Company") granted awards over the Company's Ordinary Shares of £1.00 each to the following directors under the Paragon Deferred Share Bonus Plan 2013 ("PDSBP") in respect of bonuses for the year ended 30 September 2019.

 

Director

Role

Number of shares awarded under PDSBP

N S Terrington

Chief Executive

42,368

R J Woodman

Chief Financial Officer

25,759

J A Heron

Managing Director - Mortgages

21,426

 

No consideration was paid for the grant of the awards, which have been structured as nil-cost options. 

 

The awards will normally vest on the third anniversary of grant and will, ordinarily, remain exercisable until the day before the tenth anniversary of the date of grant.

 

Enquiries:

 

Pandora Sharp

Company Secretary

0121 712 2075

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Nigel Stewart Terrington

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive (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

Ordinary Shares of £1.00 each in Paragon Banking Group PLC



Identification code

GB00B2NGPM57

 


b)

 

Nature of the transaction

 

 

Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan.

 

The awards will normally vest on the third anniversary of the grant and will ordinarily remain exercisable until the day before the tenth anniversary of the date of grant.

 

c)

 

Price(s) and volume(s)

 

 

 

 


 

Price(s)

Volume(s)

 


 

£0.00

42,368

 


 

 

 

 

d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

Date of the transaction

12 December 2019

 

f)

 

Place of the transaction

Outside a trading venue

 

 

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

Ordinary Shares of £1.00 each in Paragon Banking Group PLC



Identification code

GB00B2NGPM57

 


b)

 

Nature of the transaction

 

 

Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan.

 

The awards will normally vest on the third anniversary of the grant and will ordinarily remain exercisable until the day before the tenth anniversary of the date of grant.

 

c)

 

Price(s) and volume(s)

 

 

 

 


 

Price(s)

Volume(s)

 


 

£0.00

25,759

 


 

 

 

 

d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

Date of the transaction

12 December 2019

 

f)

 

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

John Andrew Heron

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Managing Director - Mortgages (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

Ordinary Shares of £1.00 each in Paragon Banking Group PLC



Identification code

GB00B2NGPM57

 


b)

 

Nature of the transaction

 

 

Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan.

 

The awards will normally vest on the third anniversary of the grant and will ordinarily remain exercisable until the day before the tenth anniversary of the date of grant.

 

c)

 

Price(s) and volume(s)

 

 

 

 


 

Price(s)

Volume(s)

 


 

£0.00

21,426

 


 

 

 

 

d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

Date of the transaction

12 December 2019

 

f)

 

Place of the transaction

Outside a trading venue

 


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END
 
 
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