Director/PDMR Shareholding

RNS Number : 6803J
Paragon Banking Group PLC
23 December 2020
 

Paragon Banking Group PLC (the "Company")

Director Shareholding

On 22 December 2020, 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 October 2020 to 31 December 2020.  The Shares acquired pursuant to the RBA will be released to the Directors in accordance with the Company's shareholder approved Directors' Remuneration Policy.

Director

Value of RBA payment

(1 October 2020 to 31 December 2020)

Number of Shares acquired with the after tax value of the RBA payment

N S Terrington

£35,000

4,518

R J Woodman

£22,500

2,904

For further information, please contact:

Carolyn Sharpe, Senior Assistant Company Secretary

Tel: 07984 810427

23 December 2020

 

 

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

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)

Price

Volume

£4.57

4,518

 

e)

Aggregated information
- Aggregated volume
- Price

N/A

f)

Date of the transaction

22 December 2020 

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

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)

Price

Volume

£4.57

2,904

 

e)

Aggregated information
- Aggregated volume
- Price

N/A

f)

Date of the transaction

22 December 2020

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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