Director/PDMR Shareholding

RNS Number : 4631G
Paragon Banking Group PLC
29 March 2022
 

Paragon Banking Group PLC (the "Company")

Director Shareholding

On 29 March 2022, 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 January 2022 to 31 March 2022.  The Shares acquired pursuant to the RBA are released to the Directors in accordance with the Company's shareholder approved Directors' Remuneration Policy ("the Policy").

Director

Value of RBA payment

(1 January 2022 to 31 March 2022)

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

N S Terrington

£35,000

3,702

R J Woodman

£22,500

2,380

 

A proportion of the Shares acquired by each Executive Director under previous RBA purchases have now been released, in accordance with the Policy, and transferred as follows:

 

Director

Total number of shares transferred

Transferred to spouse (PCA)

N S Terrington

4,302

Mrs J Terrington

R J Woodman

2,763

Mrs S Woodman

 

For further information, please contact:

Carolyn Sharpe, Senior Assistant Company Secretary

Tel: 07984 810427

 

 

29 March 2022

 

 

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 ("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

£5.01

3,702

 

e)

Aggregated information
- Aggregated volume
- Price

N/A

f)

Date of the transaction

29 March 2022 

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 4,302 shares to PCA. 

ii.  Receipt of gift of 4,302 shares from PDMR.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

4,302

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

 

 

 

 

e)

 

Date of the transaction

 

29 March 2022

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 ("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

£5.01

2,380

 

e)

Aggregated information
- Aggregated volume
- Price

N/A

f)

Date of the transaction

29 March 2022

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 2,763 shares to PCA. 

ii.  Receipt of gift of 2,763 shares from PDMR.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

2,763

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

 

 

 

 

e)

 

Date of the transaction

 

29 March 2022

f)

 

Place of the transaction

 

Outside a trading venue

 

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