Director/PDMR Shareholding

RNS Number : 8818A

Paragon Banking Group PLC

01 October 2020

 

Paragon Banking Group PLC (the "Company")

Director Shareholding

On 1 October 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 July 2020 to 30 September 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 July 2020 to 30 September 2020)	Number of Shares acquired with the after tax value of the RBA payment
N S Terrington	£35,000	5,000
R J Woodman	£22,500	3,214

For further information, please contact:

Marius van Niekerk, Company Secretary

0121 712 2075

 

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 £3.2898 5,000
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	1 October 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 £3.2898 3,214
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	1 October 2020
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

END

 

 

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