Paragon Banking Group PLC Director/PDMR Shareholding
January 31 2024 - 12:00PM
RNS Regulatory News
RNS Number : 5891B
Paragon Banking Group PLC
31 January 2024
31
January 2024
Paragon Banking Group
PLC
Director Shareholding
On 31 January 2024, the Company's Executive
Directors exercised and sold awards granted under the
Paragon Deferred Share Bonus Plan 2013
("PDSBP"). 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 £7.056294 per
share.
Director
|
Date of PDSBP
award
|
Date of
vesting
|
Number of
Shares awarded
|
Dividend
equivalent Shares*
|
Number of
Shares sold
|
N S Terrington
|
18/12/2014
|
18/12/2017
|
52,888
|
n/a
|
52,888
|
N S Terrington
|
22/12/2015
|
22/12/2018
|
60,042
|
n/a
|
60,042
|
N S Terrington
|
11/11/2020
|
11/11/2023
|
130,361
|
14,645
|
145,006
|
R J Woodman
|
11/11/2020
|
11/11/2020
|
82,099
|
9,223
|
91,322
|
* The PDSBP awards granted in
December 2020 carried the right to receive dividend equivalents, in
the form of Shares, at the point of exercise.
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 £7.056294 per
share.
Director
|
Number of
Shares acquired 6/12/2022
|
Date shares
available to sell
|
Number of
Shares sold
|
N S Terrington
|
44,084
|
06/12/2023
|
44,084
|
R J Woodman
|
27,764
|
06/12/2023
|
27,764
|
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 code
Identification code
|
Ordinary shares of £1.00 each in
Paragon Banking Group PLC
GB00B2NGPM57
|
b)
|
Nature of the transaction
|
Exercise of 243,291 nil-cost options
granted under the Paragon Deferred Share Bonus Plan
("PDSBP")
|
c)
|
Price(s) and volume(s)
|
Price
|
Volume
|
£0.00
|
243,291
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
31 January 2024
|
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
|
Sale of 257,936 shares acquired
following the aforementioned exercise of options under the PDSP
(including the sale of 14,645 dividend equivalent shares arising
from exercise of award)
|
c)
|
Price(s) and volume(s)
|
Price
|
Volume
|
£7.056294
|
257,936
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
31 January 2024
|
f)
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
|
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 44,084 shares
acquired pursuant to the Company's discretionary annual bonus
arrangements
Following transactions 1-3, Nigel
Terrington retains a beneficial interest in 1,313,833 Ordinary
Shares of £1.00 each in Paragon Banking Group PLC
|
c)
|
Price(s) and volume(s)
|
Price
|
Volume
|
£7. 056294
|
44,084
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
31 January 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
|
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 code
Identification code
|
Ordinary shares of £1.00 each in
Paragon Banking Group PLC
GB00B2NGPM57
|
b)
|
Nature of the transaction
|
Exercise of 82,088 nil-cost options
granted under the Paragon Deferred Share Bonus Plan
("PDSBP")
|
c)
|
Price(s) and volume(s)
|
Price
|
Volume
|
£0.00
|
82,099
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
31 January 2024
|
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
|
Sale of 91,322 shares acquired
following the aforementioned exercise of options under the PDSP
(including the sale of 9,223 dividend equivalent shares arising
from exercise of award)
|
c)
|
Price(s) and volume(s)
|
Price
|
Volume
|
£7. 056294
|
91,322
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
31 January 2024
|
f)
|
Place of the transaction
|
London Stock Exchange- Main Market
(XLON)
|
|
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 27,764 shares acquired
pursuant to the Company's discretionary annual
bonus arrangements
Following transactions 1-3, Richard
Woodman retains a beneficial interest in 584,605 Ordinary Shares of
£1.00 each in Paragon Banking Group PLC
|
c)
|
Price(s) and volume(s)
|
Price
|
Volume
|
£7. 056294
|
27,764
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
31 January 2024
|
f)
|
Place of the transaction
|
London Stock Exchange - Main Market
(XLON)
|
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
DSHQFLFXZFLEBBQ
Paragon Banking (LSE:PAG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Paragon Banking (LSE:PAG)
Historical Stock Chart
From Jul 2023 to Jul 2024