Director/PDMR Shareholding

RNS Number : 4642Y

Paragon Banking Group PLC

05 December 2017

 

Paragon Banking Group PLC:

Director Shareholding

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	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 Identification code	Ordinary Shares of £1.00 each in Paragon Banking Group PLC GB00B2NGPM57
b)	Nature of the transaction	Exercise of 69,525 awards for nil consideration and sale of awards granted under the Paragon Performance Share Plan 2013. Following this exercise and sale, John Heron is interested in 267,507 Ordinary Shares of £1.00 each in Paragon Banking Group PLC.
c)	Price(s) and volume(s)	Price(s) Volume(s) 477.66p 69,525
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	2017/12/04
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

Enquiries:

Pandora Sharp, Company Secretary

0121 712 2075

 

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