Director/PDMR Shareholding

RNS Number : 7431W

Paragon Banking Group PLC

12 December 2019

 

Paragon Banking Group PLC:

Director Shareholding

On 12 December 2019, Paragon Banking Group PLC (the "Company") granted awards over the Company's Ordinary Shares of £1.00 each to the following directors under the Paragon Deferred Share Bonus Plan 2013 ("PDSBP") in respect of bonuses for the year ended 30 September 2019.

Director	Role	Number of shares awarded under PDSBP
N S Terrington	Chief Executive	42,368
R J Woodman	Chief Financial Officer	25,759
J A Heron	Managing Director - Mortgages	21,426

No consideration was paid for the grant of the awards, which have been structured as nil-cost options. 

The awards will normally vest on the third anniversary of grant and will, ordinarily, remain exercisable until the day before the tenth anniversary of the date of grant.

Enquiries:

Pandora Sharp

Company Secretary

0121 712 2075

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 (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	Ordinary Shares of £1.00 each in Paragon Banking Group PLC
	Identification code	GB00B2NGPM57
b)	Nature of the transaction	Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan. The awards will normally vest on the third anniversary of the grant and will ordinarily remain exercisable until the day before the tenth anniversary of the date of grant.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.00	42,368
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	12 December 2019
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, 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	Ordinary Shares of £1.00 each in Paragon Banking Group PLC
	Identification code	GB00B2NGPM57
b)	Nature of the transaction	Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan. The awards will normally vest on the third anniversary of the grant and will ordinarily remain exercisable until the day before the tenth anniversary of the date of grant.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.00	25,759
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	12 December 2019
f)	Place of the transaction	Outside a trading venue

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	Ordinary Shares of £1.00 each in Paragon Banking Group PLC
	Identification code	GB00B2NGPM57
b)	Nature of the transaction	Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan. The awards will normally vest on the third anniversary of the grant and will ordinarily remain exercisable until the day before the tenth anniversary of the date of grant.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.00	21,426
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	12 December 2019
f)	Place of the transaction	Outside a trading venue

 

END

 

 

DSHDLLFFKLFFFBV