Director/PDMR Shareholding

RNS Number : 1201J

Paragon Banking Group PLC

08 December 2022

 

Paragon Banking Group PLC (the "Company")

Director Shareholding

On 7 December 2022, Ordinary Shares of £1.00 each in the Company ("Shares") were acquired on behalf of the Executive Directors, pursuant to the Company's discretionary annual bonus arrangements. 

These shares represent 50% of the non-deferred portion of the Executive Directors bonus for FY22. Banking remuneration regulation requires that this non-deferred portion is delivered in a mix of cash, and shares subject to a one year retention period. 

The Shares noted below are held on behalf of the Executive Directors with all shareholder rights except the right to transfer them for one year, at which point they may be transferred to the Executive Directors.

Director	Number of Shares acquired as part of the bonus arrangements
N S Terrington	44,084
R J Woodman	27,764

For further information, please contact:

Carolyn Sharpe, Senior Assistant Company Secretary

Tel: [phone]

8 December 2022

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	Nigel Stewart Terrington
2	Reason for the notification
a)	Position/status	Chief Executive Officer (PDMR)
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer
a)	Name	Paragon Banking Group PLC
b)	LEI code	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 ("Shares") GB00B2NGPM57
c)	Nature of the transaction	Purchase of shares, pursuant to the Company's discretionary annual bonus arrangements .
d)	Price(s) and volume(s)	Price Volume £4.897809 44,084
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	7 December 2022
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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
a)	Name	Paragon Banking Group PLC
b)	LEI code	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 ("Shares") GB00B2NGPM57
c)	Nature of the transaction	Purchase of shares, pursuant to the Company's discretionary annual bonus arrangements .
d)	Price(s) and volume(s)	Price Volume £4.897809 27,764
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	7 December 2022
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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