REG - Paragon Banking Grp - Director/PDMR Shareholding

Paragon BankingAnnouncement

31/01/2025 16:30

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RNS Number : 5256V  Paragon Banking Group PLC  31 January 2025

31 January 2025

Paragon Banking Group PLC ("the Company")

Director Shareholding

 

On 30 January 2025, the Company's Executive Directors exercised and sold
awards granted under the Paragon Deferred Share Bonus Plan 2013 ("PDSBP") and
the Paragon Performance Share Plan 2013 ("PPSP").  The awards exercised were
granted as nil-cost options over Ordinary Shares of £1.00 each in the Company
("Shares") and were sold, via the London Stock Exchange, at a price of
£7.650454 per share.

 Director        Date of PDSBP award  Date of vesting  Number of Shares exercised  Dividend equivalent Shares*  Total number of Shares sold
 N S Terrington  15/12/2021           15/12/2024       74,912                      9,650                        84,562
 R J Woodman     15/12/2021           15/12/2024       45,473                      5,858                        51,331

* The PDSBP awards granted in December 2021 carried the right to receive
dividend equivalents, in the form of Shares, at the point of exercise.

 

 Director        Date of PPSP award  Exercisable date*  Number of Shares exercised & sold
 N S Terrington  06/07/2020          03/12/2024         290,965
 R J Woodman     06/07/2020          03/12/2024         183,245

*The vesting outturn of the July 2020 PPSP awards was determined in December
2022, but the awards did not become exercisable until 03/12/2024

In addition, the Company's Executive Directors sold the following Shares
acquired pursuant to the Company's discretionary annual bonus arrangements,
via the London Stock Exchange, at a price of £7.650454 per share.

 Director        Number of Shares acquired 06/12/2023  Date Shares available to sell  Number of Shares sold
 N S Terrington  39,542                                21/12/2024                     39,542
 R J Woodman     25,326                                21/12/2024                     25,326

 

For further information, please contact:

Carolyn Sharpe, Deputy Company Secretary

Tel: 07984 810427

 

 

 

 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
      Transaction 1
 a)   Description of the financial instrument, type of instrument Identification  Ordinary shares of £1.00 each in Paragon Banking Group PLC

    code

                                                                           GB00B2NGPM57
      Identification code
 b)   Nature of the transaction                                                   Exercise of 74,912 nil-cost options granted under the Paragon Deferred Share
                                                                                  Bonus Plan ("PDSBP")
 c)   Price(s) and volume(s)                                                      Price   Volume

                                                                           £0.00   74,912

 d)   Aggregated information                                                      N/A

- Aggregated volume

- Price
 e)   Date of the transaction                                                     30 January 2025

 f)   Place of the transaction                                                    Outside a trading venue
      Transaction 2
 a)   Description of the financial instrument, type of instrument Identification  Ordinary shares of £1.00 each in Paragon Banking Group PLC

    code

                                                                           GB00B2NGPM57
      Identification code
 b)   Nature of the transaction                                                   Exercise of 290,965 nil-cost options granted under the Paragon Performance
                                                                                  Share Plan ("PPSP")
 c)   Price(s) and volume(s)                                                      Price   Volume

                                                                           £0.00   290,965

 d)   Aggregated information                                                      N/A

- Aggregated volume

- Price
 e)   Date of the transaction                                                     30 January 2025
 f)   Place of the transaction                                                    Outside a trading venue
      Transaction 3
 a)   Description of the financial instrument, type of instrument Identification  Ordinary shares of £1.00 each in Paragon Banking Group PLC

    code

                                                                           GB00B2NGPM57
      Identification code
 b)   Nature of the transaction                                                   Sale of 375,527 shares acquired following the aforementioned exercise of
                                                                                  options under the PDSBP & PPSP (including the sale of 9,650 dividend
                                                                                  equivalent shares arising from exercise of the PDSBP award)
 c)   Price(s) and volume(s)                                                      Price       Volume

                                                                           £7.650454   375,527

 d)   Aggregated information                                                      N/A

- Aggregated volume

- Price
 e)   Date of the transaction                                                     30 January 2025

 f)   Place of the transaction                                                    London Stock Exchange, Main Market (XLON)
      Transaction 4
 a)   Description of the financial instrument, type of instrument Identification  Ordinary shares of £1.00 each in Paragon Banking Group PLC

    code

                                                                           GB00B2NGPM57
      Identification code
 b)   Nature of the transaction                                                   Sale of 39,542 shares acquired pursuant to the Company's discretionary annual
                                                                                  bonus arrangements

                                                                                  Following transactions 1-4, Nigel Terrington retains a beneficial interest in
                                                                                  1,319,369 Ordinary Shares of £1.00 each in Paragon Banking Group PLC
 c)   Price(s) and volume(s)                                                      Price       Volume

                                                                           £7.650454   39,542

 d)   Aggregated information                                                      N/A

- Aggregated volume

- Price
 e)   Date of the transaction                                                     30 January 2025

 f)   Place of the transaction                                                    London Stock Exchange - Main Market (XLON)

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

 

f)

Place of the transaction

Outside a trading venue

Transaction 2

a)

 

Description of the financial instrument, type of instrument Identification
code

Identification code

Ordinary shares of £1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Exercise of 290,965 nil-cost options granted under the Paragon Performance
Share Plan ("PPSP")

c)

Price(s) and volume(s)

 

 Price   Volume
 £0.00   290,965

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

f)

Place of the transaction

Outside a trading venue

Transaction 3

a)

 

Description of the financial instrument, type of instrument Identification
code

Identification code

Ordinary shares of £1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Sale of 375,527 shares acquired following the aforementioned exercise of
options under the PDSBP & PPSP (including the sale of 9,650 dividend
equivalent shares arising from exercise of the PDSBP award)

c)

Price(s) and volume(s)

 

 Price       Volume
 £7.650454   375,527

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

 

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

Transaction 4

a)

 

Description of the financial instrument, type of instrument Identification
code

Identification code

Ordinary shares of £1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Sale of 39,542 shares acquired pursuant to the Company's discretionary annual
bonus arrangements

Following transactions 1-4, Nigel Terrington retains a beneficial interest in
1,319,369 Ordinary Shares of £1.00 each in Paragon Banking Group PLC

c)

Price(s) and volume(s)

 

 Price       Volume
 £7.650454   39,542

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

 

f)

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
      Transaction 1
 a)   Description of the financial instrument, type of instrument Identification  Ordinary shares of £1.00 each in Paragon Banking Group PLC

    code

                                                                           GB00B2NGPM57
      Identification code
 b)   Nature of the transaction                                                   Exercise of 45,473 nil-cost options granted under the Paragon Deferred Share
                                                                                  Bonus Plan ("PDSBP")
 c)   Price(s) and volume(s)                                                      Price   Volume

                                                                           £0.00   45,473

 d)   Aggregated information                                                      N/A

- Aggregated volume

- Price
 e)   Date of the transaction                                                     30 January 2025

 f)   Place of the transaction                                                    Outside a trading venue
      Transaction 2
 a)   Description of the financial instrument, type of instrument Identification  Ordinary shares of £1.00 each in Paragon Banking Group PLC

    code

                                                                           GB00B2NGPM57
      Identification code
 b)   Nature of the transaction                                                   Exercise of 183,245 nil-cost options granted under the Paragon Performance
                                                                                  Share Plan ("PPSP")
 c)   Price(s) and volume(s)                                                      Price   Volume

                                                                           £0.00   183,245

 d)   Aggregated information                                                      N/A

- Aggregated volume

- Price
 e)   Date of the transaction                                                     30 January 2025
 f)   Place of the transaction                                                    Outside a trading venue
      Transaction 3
 a)   Description of the financial instrument, type of instrument Identification  Ordinary shares of £1.00 each in Paragon Banking Group PLC

    code

                                                                           GB00B2NGPM57
      Identification code
 b)   Nature of the transaction                                                   Sale of 234,576 shares acquired following the aforementioned exercise of
                                                                                  options under the PDSBP & PPSP (including the sale of 5,858 dividend
                                                                                  equivalent shares arising from exercise of the PDSBP award)
 c)   Price(s) and volume(s)                                                      Price       Volume

                                                                           £7.650454   234,576

 d)   Aggregated information                                                      N/A

- Aggregated volume

- Price
 e)   Date of the transaction                                                     30 January 2025

 f)   Place of the transaction                                                    London Stock Exchange, Main Market (XLON)
      Transaction 4
 a)   Description of the financial instrument, type of instrument Identification  Ordinary shares of £1.00 each in Paragon Banking Group PLC

    code

                                                                           GB00B2NGPM57
      Identification code
 b)   Nature of the transaction                                                   Sale of 25,326 shares  acquired pursuant to the Company's discretionary
                                                                                  annual bonus arrangements

                                                                                  Following transactions 1-4, Richard Woodman retains a beneficial interest in
                                                                                  589,310 Ordinary Shares of £1.00 each in Paragon Banking Group PLC
 c)   Price(s) and volume(s)                                                      Price       Volume

                                                                           £7.650454   25,326

 d)   Aggregated information                                                      N/A

- Aggregated volume

- Price
 e)   Date of the transaction                                                     30 January 2025

 f)   Place of the transaction                                                    London Stock Exchange - Main Market (XLON)

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

 

f)

Place of the transaction

Outside a trading venue

Transaction 2

a)

 

Description of the financial instrument, type of instrument Identification
code

Identification code

Ordinary shares of £1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Exercise of 183,245 nil-cost options granted under the Paragon Performance
Share Plan ("PPSP")

c)

Price(s) and volume(s)

 

 Price   Volume
 £0.00   183,245

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

f)

Place of the transaction

Outside a trading venue

Transaction 3

a)

 

Description of the financial instrument, type of instrument Identification
code

Identification code

Ordinary shares of £1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Sale of 234,576 shares acquired following the aforementioned exercise of
options under the PDSBP & PPSP (including the sale of 5,858 dividend
equivalent shares arising from exercise of the PDSBP award)

c)

Price(s) and volume(s)

 

 Price       Volume
 £7.650454   234,576

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

 

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

Transaction 4

a)

 

Description of the financial instrument, type of instrument Identification
code

Identification code

Ordinary shares of £1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Sale of 25,326 shares  acquired pursuant to the Company's discretionary
annual bonus arrangements

Following transactions 1-4, Richard Woodman retains a beneficial interest in
589,310 Ordinary Shares of £1.00 each in Paragon Banking Group PLC

c)

Price(s) and volume(s)

 

 Price       Volume
 £7.650454   25,326

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

 

f)

Place of the transaction

London Stock Exchange - Main Market (XLON)

 

 

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