Director/PDMR Shareholding

RNS Number : 9559D
Paragon Banking Group PLC
24 February 2020
 

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

 

 

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, 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 and sale of 400,000 awards granted for nil consideration under the Paragon Performance Share Plan 2013.

 

Following this exercise and sale, Nigel Terrington remains interested in 781,269 Ordinary Shares of £1.00 each in Paragon Banking Group PLC.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

517.279p

400,000

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

2020/02/21

f)

 

Place of the transaction

 

 

London Stock Exchange, Main Market (XLON)

 

Enquiries:

 

Pandora Sharp, Company Secretary

0121 712 2075

 


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