Last checked at 28 Sep 2022 16:25
Paragon Banking Group PLC (the "Company")
Director Shareholding
On 28 September 2022, the Company's Executive Directors acquired Ordinary Shares of £1.00 each in the Company ("Shares") pursuant to the Company's "Fixed Role-Based Allowance" (the "RBA") in respect of the period from 1 July 2022 to 30 September 2022. The Shares acquired pursuant to the RBA are released to the Directors in accordance with the Company's shareholder approved Directors' Remuneration Policy (the "Policy").
Director | Value of RBA payment (1 July 2022 to 30 September 2022) | Number of Shares acquired with the after tax value of the RBA payment |
N S Terrington | £35,000 | 4,553 |
R J Woodman | £22,500 | 2,927 |
A proportion of the Shares acquired by each Executive Director under previous RBA purchases have now been released, in accordance with the Policy, and transferred as follows:
Director | Total number of shares transferred | Transferred to spouse (PCA) |
N S Terrington | 1,683 | Mrs J Terrington |
R J Woodman | 1,081 | Mrs S Woodman |
For further information, please contact:
Carolyn Sharpe, Senior Assistant Company Secretary
Tel: 07984 810427
28 September 2022
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 ("Shares") GB00B2NGPM57 | ||||
c) | Nature of the transaction | Purchase of shares pursuant to the Company's Fixed Role-Based Allowance remuneration arrangements. | ||||
d) | Price(s) and volume(s) |
| ||||
e) | Aggregated information- Aggregated volume- Price | N/A | ||||
f) | Date of the transaction | 28 September 2022 | ||||
g) | 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 1,683 shares to PCA. ii. Receipt of gift of 1,683 shares from PDMR.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
e)
| Date of the transaction
| 28 September 2022 | ||||
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 ("Shares") GB00B2NGPM57 | ||||
c) | Nature of the transaction | Purchase of shares pursuant to the Company's Fixed Role-Based Allowance remuneration arrangements. | ||||
d) | Price(s) and volume(s) |
| ||||
e) | Aggregated information- Aggregated volume- Price | N/A | ||||
f) | Date of the transaction | 28 September 2022 | ||||
g) | 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 1,081 shares to PCA. ii. Receipt of gift of 1,081 shares from PDMR.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
e)
| Date of the transaction
| 28 September 2022 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||