Paragon Banking Group PLC Transaction in Own Shares (0037Z)

TIDMPAG

RNS Number : 0037Z

Paragon Banking Group PLC

09 September 2022

Paragon Banking Group PLC:

Transaction in own shares

09 September 2022

Paragon Banking Group PLC (the "Company") announces that it has purchased the following number of its ordinary shares of GBP1.00 each through Peel Hunt LLP ("Peel Hunt"), as part of the extended share buyback programme, of up to GBP75m, announced on 14 June 2022 .

 
 Date of purchase:                               09 September 2022 
 
 Number of ordinary GBP1.00 shares purchased:    118,840 
 
 Highest price paid per share:                   497.40p 
 
 Lowest price paid per share:                    494.40p 
 
 Volume weighted average price paid per 
  share:                                         496.5456p

Following the purchase of these shares, the Company holds 1,853,114 of its ordinary shares in treasury and has 239,518,947 ordinary shares in issue (excluding treasury shares). This figure 239,518,947 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Aggregated information of ordinary shares purchased according to each trading venue:

 
 Venue / Systematic       Weighted average price   Aggregate number of 
  Internaliser             paid per share (GBp)      shares purchased 
 London Stock Exchange 
  (XLON)                         496.5456                118,840 
                         -----------------------  --------------------

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Peel Hunt on behalf of the Company as part of the buyback programme.

 
 Enquiries to: 
 Paragon Banking Group PLC    Marius van Niekerk 
                              General Counsel and Company Secretary 
                              0121 712 2051

Schedule of Purchases - Individual Transactions

 
 Number of           Transaction price    Market / Sytematic   Transaction 
  shares purchased    (pence per share)    Internaliser         time 
 21340               497                  XLON                 16:24:35 
                    -------------------  -------------------  ------------ 
 15000               497.4                XLON                 16:09:33 
                    -------------------  -------------------  ------------ 
 17500               496.2                XLON                 15:58:09 
                    -------------------  -------------------  ------------ 
 10000               494.4                XLON                 14:47:35 
                    -------------------  -------------------  ------------ 
 5000                495.6                XLON                 13:29:21 
                    -------------------  -------------------  ------------ 
 15000               497                  XLON                 12:39:48 
                    -------------------  -------------------  ------------ 
 15000               497                  XLON                 11:39:57 
                    -------------------  -------------------  ------------ 
 10000               496.9                XLON                 10:36:08 
                    -------------------  -------------------  ------------ 
 10000               495.8                XLON                 08:27:08 
                    -------------------  -------------------  ------------

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September 09, 2022 12:21 ET (16:21 GMT)

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