PAG.L

Paragon Banking Group Plc
Paragon Banking Grp - Director/PDMR Shareholding
20th December 2024, 14:04
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 9861Q
Paragon Banking Group PLC
20 December 2024
 

Paragon Banking Group PLC (the "Company")                

Directors' Shareholdings

On 20 December 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 October 2024 to 31 December 2024)

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

N S Terrington

£48,868.50

3,546

R J Woodman

£30,9877.00

2,241

 

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

2,980

Mrs J Terrington

R J Woodman

1,893

Mrs S Woodman

 

In addition to the transactions listed above, the Company's Executive Directors also exercised their option over shares granted, on 28 July 2021, under the Paragon Sharesave Plan 2019.

 

Director

Option price

Number of shares under option exercised and retained

N S Terrington

£4.24

4,245

R J Woodman

£4.24

4,245

 

For further information, please contact:

Carolyn Sharpe, Deputy Company Secretary

Tel: 07984 810427

 

 

20 December 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

b)

Nature of the transaction

Purchase of shares pursuant to the Company's Salary in Shares remuneration arrangements.

c)

Price(s) and volume(s)

Price

Volume

£7.3023

3,546

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

20 December 2024

f)

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 2,980 shares to PCA. 

ii.             Receipt of gift of 2,980 shares from PDMR.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

2,980

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

 

 

 

 

e)

 

Date of the transaction

 

20 December 2024

f)

 

Place of the transaction

 

Outside a trading venue

 

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

b)

Nature of the transaction

Exercise and retain 4,245 options granted on 28 July 2021 under the Company's all-employee Sharesave Scheme (The Paragon Sharesave Plan 2019) at an option price of £4.24 per share.

 

c)

Price(s) and volume(s)

Price

Volume

£4.24

4,245

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

20 December 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

b)

Nature of the transaction

Purchase of shares pursuant to the Company's Salary in Shares remuneration arrangements.

c)

Price(s) and volume(s)

Price

Volume

£7.3023

2,241

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

20 December 2024

f)

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 1,893 shares to PCA. 

ii.             Receipt of gift of 1,893 shares from PDMR.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

1,893

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

 

 

 

 

e)

 

Date of the transaction

 

20 December 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

b)

Nature of the transaction

Exercise and retain 4,245 options granted on 28 July 2021 under the Company's all-employee Sharesave Scheme (The Paragon Sharesave Plan 2019) at an option price of £4.24 per share.

 

c)

Price(s) and volume(s)

Price

Volume

£4.24

4,245

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

20 December 2024 

f)

Place of the transaction

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHZBLFLZLLBFBB]]>
TwitterFacebookLinkedIn