TIDMPAG

RNS Number : 2111O

Paragon Banking Group PLC

29 September 2023

Paragon Banking Group PLC (the "Company")

Directors' Shareholdings

On 29 September 2023 the Company's Executive Directors acquired Ordinary Shares of GBP1.00 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         Number of Shares 
                    (1 July 2023 to 30 September     acquired with the 
                                2023)                after tax value of 
                                                      the SIS payment 
 N S Terrington              GBP46,063                     4,932 
                  -------------------------------  -------------------- 
 R J Woodman                 GBP29,104                     3,116 
                  -------------------------------  -------------------- 
 

Shares acquired under the Company's previous Role Based Allowance arrangements have now been released as follows:

 
 Director         Total number of shares   Transferred to spouse 
                        transferred                (PCA) 
 N S Terrington           2,593              Mrs J Terrington 
                 -----------------------  ---------------------- 
 R J Woodman              1,666                Mrs S Woodman 
                 -----------------------  ---------------------- 
 

For further information, please contact:

Carolyn Sharpe, Deputy Company Secretary

Tel: 07984 810427

29 September 2023

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation

 
    Details of the person discharging managerial responsibilities/person 
 1   closely associated 
a)  Name                               Nigel Stewart Terrington 
    ---------------------------------  ----------------------------------- 
    Reason for the notification 
 2 
    ---------------------------------------------------------------------- 
a)  Position/status                    Chief Executive Officer (PDMR) 
    ---------------------------------  ----------------------------------- 
b)  Initial notification/               Initial notification 
     Amendment 
    ---------------------------------  ----------------------------------- 
    Details of the issuer 
 3 
    ---------------------------------------------------------------------- 
a)  Name                               Paragon Banking Group PLC 
    ---------------------------------  ----------------------------------- 
b)  LEI code                           213800S1TDKIB1IUTS72 
    ---------------------------------  ----------------------------------- 
    Details of the transaction(s): section to be repeated 
 4   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       Ordinary shares of GBP1.00 each 
     instrument, type of instrument     in Paragon Banking Group PLC 
     Identification code                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)              Price       Volume 
                                         GBP4.949    4,932 
                                                    ------- 
    ---------------------------------  ----------------------------------- 
e)  Aggregated information             N/A 
     - Aggregated volume 
     - Price 
    ---------------------------------  ----------------------------------- 
f)  Date of the transaction            29 September 2023 
    ---------------------------------  ----------------------------------- 
g)  Place of the transaction           London Stock Exchange, Main Market 
                                        (XLON) 
    ---------------------------------  ----------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                             i. Nigel Stewart Terrington (PDMR) 
                                        ii. Jacqueline Terrington (PCA) 
     --------------------------  ------------------------------------------ 
      Reason for the notification 
  2 
     ---------------------------------------------------------------------- 
 a)   Position/status                  i. PDMR - Chief Executive Officer 
                                        ii. PCA - spouse to PDMR 
     --------------------------  ------------------------------------------ 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------ 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a)   Name                        Paragon Banking Group PLC 
     --------------------------  ------------------------------------------ 
 b)   LEI                         213800S1TDKIB1IUTS72 
     --------------------------  ------------------------------------------ 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of GBP1 each in Paragon 
       financial instrument,       Banking Group PLC 
       type of instrument 
                                   GB00B2NGPM57 
       Identification code 
     --------------------------  ------------------------------------------ 
 b)   Nature of the transaction        i. Transfer of 2,593 shares to PCA. 
                                        ii. Receipt of gift of 2,593 shares 
                                        from PDMR. 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP0        2,593 
                                                ---------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information      N/A 
 
       - Aggregated volume 
 
       - Price 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     29 September 2023 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ------------------------------------------ 
 
 
    Details of the person discharging managerial responsibilities/person 
 1   closely associated 
a)  Name                               Richard James Woodman 
    ---------------------------------  ----------------------------------- 
    Reason for the notification 
 2 
    ---------------------------------------------------------------------- 
a)  Position/status                    Chief Financial Officer (PDMR) 
    ---------------------------------  ----------------------------------- 
b)  Initial notification/               Initial notification 
     Amendment 
    ---------------------------------  ----------------------------------- 
    Details of the issuer 
 3 
    ---------------------------------------------------------------------- 
a)  Name                               Paragon Banking Group PLC 
    ---------------------------------  ----------------------------------- 
b)  LEI code                           213800S1TDKIB1IUTS72 
    ---------------------------------  ----------------------------------- 
    Details of the transaction(s): section to be repeated 
 4   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       Ordinary shares of GBP1.00 each 
     instrument, type of instrument     in Paragon Banking Group PLC 
     Identification code                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)              Price       Volume 
                                         GBP4.949    3,116 
                                                    ------- 
    ---------------------------------  ----------------------------------- 
e)  Aggregated information             N/A 
     - Aggregated volume 
     - Price 
    ---------------------------------  ----------------------------------- 
f)  Date of the transaction            29 September 2023 
    ---------------------------------  ----------------------------------- 
g)  Place of the transaction           London Stock Exchange, Main Market 
                                        (XLON) 
    ---------------------------------  ----------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                             i. Richard James Woodman (PDMR) 
                                        ii. Susan Woodman (PCA) 
     --------------------------  ------------------------------------------ 
      Reason for the notification 
  2 
     ---------------------------------------------------------------------- 
 a)   Position/status                  i. PDMR - Chief Financial Officer 
                                        ii. PCA - spouse to PDMR 
     --------------------------  ------------------------------------------ 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------ 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a)   Name                        Paragon Banking Group PLC 
     --------------------------  ------------------------------------------ 
 b)   LEI                         213800S1TDKIB1IUTS72 
     --------------------------  ------------------------------------------ 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of GBP1 each in Paragon 
       financial instrument,       Banking Group PLC 
       type of instrument 
                                   GB00B2NGPM57 
       Identification code 
     --------------------------  ------------------------------------------ 
 b)   Nature of the transaction        i. Transfer of 1,666 shares to PCA. 
                                        ii. Receipt of gift of 1,666 shares 
                                        from PDMR. 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP0        1,666 
                                                ---------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information      N/A 
 
       - Aggregated volume 
 
       - Price 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     29 September 2023 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ------------------------------------------ 
 

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END

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September 29, 2023 07:58 ET (11:58 GMT)

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