Paragon Banking Group PLC (the "Company")
Directors' Shareholdings
On 27 September 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 July 2024 to 30 September 2024) | Number of Shares acquired with the after tax value of the SIS payment |
| N S Terrington | £47,445.25 | 3,248 |
| R J Woodman | £29,977.50 | 2,052 |
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 | 3,579 | Mrs J Terrington |
| R J Woodman | 2,289 | Mrs S Woodman |
For further information, please contact:
Carolyn Sharpe, Deputy Company Secretary
Tel: 07984 810427
27 September 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) |
| ||||
| e) | Aggregated information | N/A | ||||
| f) | Date of the transaction | 27 September 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 3,579 shares to PCA. ii. Receipt of gift of 3,579 shares from PDMR.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
| e)
| Date of the transaction
| 27 September 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) |
| ||||
| e) | Aggregated information | N/A | ||||
| f) | Date of the transaction | 27 September 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 2,289 shares to PCA. ii. Receipt of gift of 2,289 shares from PDMR.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
| e)
| Date of the transaction
| 27 September 2024 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
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