Transaction in Own Shares

RNS Number : 4678V
Paragon Banking Group PLC
09 August 2022
 

Paragon Banking Group PLC:

Transaction in own shares

 

09 August 2022

 

Paragon Banking Group PLC (the "Company") announces that it has purchased the following number of its ordinary shares of £1.00 each through Peel Hunt LLP ("Peel Hunt"), as part of the extended share buyback programme, of up to £75m, announced on 14 June 2022 .

 

Date of purchase: 

09 August 2022



Number of ordinary £1.00 shares purchased:

40,000



Highest price paid per share:

562.50p



Lowest price paid per share:

558.28p



Volume weighted average price paid per share:

560.3372p

 

Following the purchase of these shares, the Company holds 9,632,940 of its ordinary shares in treasury and has 240,884,849 ordinary shares in issue (excluding treasury shares).  This figure 240,884,849 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 

Aggregated information of ordinary shares purchased according to each trading venue:

 

Venue / Systematic Internaliser

Weighted average price

paid per share (GBp)

Aggregate number of

shares purchased

London Stock Exchange (XLON)

560.3372

40,000

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Peel Hunt on behalf of the Company as part of the buyback programme.

 

Enquiries to:


Paragon Banking Group PLC

Marius van Niekerk


General Counsel and Company Secretary


0121 712 2051



 

Schedule of Purchases - Individual Transactions

 

Number of shares purchased

Transaction price (pence per share)

Market / Sytematic Internaliser

Transaction time

10000

562.5

XLON

16:36:15

7500

561

XLON

16:22:27

7500

559

XLON

13:56:11

7500

560.185

XLON

10:28:51

7500

558.28

XLON

09:39:35

 

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