Paragon Banking Group PLC Director/PDMR Shareholding (7431H)

TIDMPAG

RNS Number : 7431H

Paragon Banking Group PLC

14 March 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                       i. Robert Dench (PDMR) 
                                  ii. Christina Dench (PCA) 
---  -------------------------  ----------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status            i. PDMR - Chairman 
                                  ii. PCA - spouse to 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 ("Ordinary Shares") 
       of instrument 
                                  GB00B2NGPM57 
       Identification 
       code 
---  -------------------------  ----------------------------------- 
 b)   Nature of the              i. Disposal of 36,000 Ordinary 
       transaction                Shares - 6,000 of which Robert 
                                  Dench is the legal and beneficial 
                                  owner of and 30,000 of which 
                                  Robert Dench is beneficially 
                                  interested in. 
                                  Following this transaction, 
                                  Robert Dench remains interested 
                                  in 37,278 Ordinary Shares. 
                                  ii. Disposal of 30,000 Ordinary 
                                  Shares of which Christina 
                                  Dench is the legal and beneficial 
                                  owner of. Beneficial interest 
                                  is held together with Robert 
                                  Dench - the same 30,000 Ordinary 
                                  Shares as noted above. 
---  -------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)       Price(s)       Volume(s) 
                                   -------------  ---------- 
                                    i. GBP5.05     6,000 
                                   -------------  ---------- 
                                    ii. GBP5.05    30,000 
                                   -------------  ---------- 
---  -------------------------  ----------------------------------- 
 d)   Aggregated information     N/A 
 
       - Aggregated volume 
 
 
       - Price 
---  -------------------------  ----------------------------------- 
 e)   Date of the transaction    2018/03/13 
---  -------------------------  ----------------------------------- 
 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

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March 14, 2018 10:44 ET (14:44 GMT)