Share buy-back programme

RNS Number : 4783D

Paragon Group Of Companies PLC

06 July 2016

 

The Paragon Group of Companies PLC

(the "Company" or "Paragon")

Share buy-back programme

Paragon announced on 24 November 2015 that during its 2015 financial year it had bought £49.7 million of its ordinary shares out of an announced £50 million.  The Company also announced that it was extending its share buy-back programme by up to a further £50 million into 2016.

In the period from 1 December 2015, when the extended share buy-back programme commenced, to 6 July 2016 Paragon has bought back 12,170,616 shares for a total cost of £37.7 million (including commissions), completing the 2015 buy-back programme and representing 75% of the programme for the current financial year.

Enquiries:

Pandora Sharp, Company Secretary

0121 712 2075

 

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