Paragon Banking Group PLC (the "Company")
Director Shareholding
On 29 March 2022, the Company's Executive Directors acquired Ordinary Shares of £1.00 each in the Company ("Shares") pursuant to the Company's "Fixed Role-Based Allowance" (the "RBA") in respect of the period from 1 January 2022 to 31 March 2022. The Shares acquired pursuant to the RBA are released to the Directors in accordance with the Company's shareholder approved Directors' Remuneration Policy ("the Policy").
|
Director |
Value of RBA payment (1 January 2022 to 31 March 2022) |
Number of Shares acquired with the after tax value of the RBA payment |
|
N S Terrington |
£35,000 |
3,702 |
|
R J Woodman |
£22,500 |
2,380 |
A proportion of the Shares acquired by each Executive Director under previous RBA purchases have now been released, in accordance with the Policy, and transferred as follows:
|
Director |
Total number of shares transferred |
Transferred to spouse (PCA) |
|
N S Terrington |
4,302 |
Mrs J Terrington |
|
R J Woodman |
2,763 |
Mrs S Woodman |
For further information, please contact:
Carolyn Sharpe, Senior Assistant Company Secretary
Tel: 07984 810427
29 March 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 Fixed Role-Based Allowance remuneration arrangements. | ||||
d) | Price(s) and volume(s) |
| ||||
e) | Aggregated information | N/A | ||||
f) | Date of the transaction | 29 March 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
| i. Nigel Stewart Terrington (PDMR) ii. Jacqueline Terrington (PCA)
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| i. PDMR - Chief Executive Officer ii. PCA - spouse to 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 each in Paragon Banking Group PLC
GB00B2NGPM57
| ||||
b)
| Nature of the transaction
| i. Transfer of 4,302 shares to PCA. ii. Receipt of gift of 4,302 shares from PDMR.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
e)
| Date of the transaction
| 29 March 2022 | ||||
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 | |||||
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 Fixed Role-Based Allowance remuneration arrangements. | ||||
d) | Price(s) and volume(s) |
| ||||
e) | Aggregated information | N/A | ||||
f) | Date of the transaction | 29 March 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
| i. Richard James Woodman (PDMR) ii. Susan Woodman (PCA)
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| i. PDMR - Chief Financial Officer ii. PCA - spouse to 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 each in Paragon Banking Group PLC
GB00B2NGPM57
| ||||
b)
| Nature of the transaction
| i. Transfer of 2,763 shares to PCA. ii. Receipt of gift of 2,763 shares from PDMR.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
e)
| Date of the transaction
| 29 March 2022 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||