Director/PDMR Shareholding

Paragon Banking Group PLC

28 March 2024

 

Paragon Banking Group PLC (the "Company")                

Directors' Shareholdings

On 28 March 2024 the Company's Executive Directors acquired Ordinary Shares of £1.00 each in the Company ("Shares"), pursuant to the Company's Salary in Shares arrangement ("SIS").  The SIS represents 20% of salary delivered in shares, purchased in quarterly instalments and released over five years, in accordance with the Company's shareholder approved Directors' Remuneration Policy. 

Director	Value of SIS payment (1 January 2024 to 31 March 2024)	Number of Shares acquired with the after tax value of the SIS payment
N S Terrington	£47,445.25	3,725
R J Woodman	£29,977.50	2,353

Shares acquired under the Company's previous Role Based Allowance and SIS arrangements have now been released as follows:

Director	Total number of shares transferred	Transferred to spouse (PCA)
N S Terrington	2,736	Mrs J Terrington
R J Woodman	1,737	Mrs S Woodman

For further information, please contact:

Carolyn Sharpe, Deputy Company Secretary

Tel: [phone]

28 March 2024

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 GB00B2NGPM57
c)	Nature of the transaction	Purchase of shares pursuant to the Company's Salary in Shares remuneration arrangements.
d)	Price(s) and volume(s)	Price Volume £6.75 3,725
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	28 March 2024
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	i.              Nigel Stewart Terrington (PDMR) ii.             Jacqueline Terrington (PCA)
2	Reason for the notification
a)	Position/status	i.              PDMR - Chief Executive Officer ii.             PCA - spouse to 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 each in Paragon Banking Group PLC GB00B2NGPM57
b)	Nature of the transaction	i.              Transfer of 2,736 shares to PCA.  ii.             Receipt of gift of 2,736 shares from PDMR.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 2,736
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	28 March 2024
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
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 GB00B2NGPM57
c)	Nature of the transaction	Purchase of shares pursuant to the Company's Salary in Shares remuneration arrangements.
d)	Price(s) and volume(s)	Price Volume £6.75 2,353
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	28 March 2024
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	i.              Richard James Woodman (PDMR) ii.             Susan Woodman (PCA)
2	Reason for the notification
a)	Position/status	i.              PDMR - Chief Financial Officer ii.             PCA - spouse to 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 each in Paragon Banking Group PLC GB00B2NGPM57
b)	Nature of the transaction	i.              Transfer of 1,737 shares to PCA.  ii.             Receipt of gift of 1,737 shares from PDMR.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 1,737
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	28 March 2024
f)	Place of the transaction	Outside a trading venue

 

END