Source - LSE Regulatory
RNS Number : 0543W
Paragon Banking Group PLC
07 December 2023
 

Paragon Banking Group PLC (the "Company")

Director Shareholding (replaces 0495W)


The following replaces the 'Director/PDMR Share Dealing' announcement released on 7 December 2023 at 10:48am.

On 6 December 2023, Ordinary Shares of £1.00 each 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 FY 2023. 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

39,542

R J Woodman

25,326

 

For further information, please contact:

Carolyn Sharpe, Senior Assistant Company Secretary

Tel: 07984 810427

 

 

7 December 2023



 

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

£5.2617

39,542


e)

Aggregated information
- Aggregated volume
- Price

N/A

f)

Date of the transaction

6 December 2023 

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

£5.2617

25,326


e)

Aggregated information
- Aggregated volume
- Price

N/A

f)

Date of the transaction

6 December 2023

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

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