Paragon Banking Group PLC Director/PDMR Shareholding (9347B)

TIDMPAG

RNS Number : 9347B

Paragon Banking Group PLC

15 January 2018

Paragon Banking Group PLC:

Director Shareholding

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       Initial notification 
       /Amendment 
---  -------------------------  -------------------------------------- 
 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             Ordinary Shares of GBP1.00 
       the financial              each in Paragon Banking Group 
       instrument, type           PLC 
       of instrument 
                                  GB00B2NGPM57 
       Identification 
       code 
---  -------------------------  -------------------------------------- 
 b)   Nature of the              Exercise and sale of 250,000 
       transaction                awards granted for nil consideration 
                                  under the Paragon Performance 
                                  Share Plan 2013. 
                                  Following this exercise and 
                                  sale, Nigel Terrington is 
                                  interested in 781,269 Ordinary 
                                  Shares of GBP1.00 each in 
                                  Paragon Banking Group PLC. 
---  -------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)     Volume(s) 
                                   -----------  ---------- 
                                    GBP5.0475    250,000 
                                   -----------  ---------- 
---  -------------------------  -------------------------------------- 
 d)   Aggregated information     N/A 
 
       - Aggregated volume 
 
 
       - Price 
---  -------------------------  -------------------------------------- 
 e)   Date of the transaction    2018/01/12 
---  -------------------------  -------------------------------------- 
 f)   Place of the transaction   London Stock Exchange, Main 
                                  Market (XLON) 
---  -------------------------  -------------------------------------- 
 

Enquiries:

Pandora Sharp, Company Secretary

0121 712 2075

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 15, 2018 12:15 ET (17:15 GMT)