PAG Paragon Banking Group Plc

704.00

3.00 (0.43%)

Last Updated: 13:41:50

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Paragon Banking Group Plc	LSE:PAG	London	Ordinary Share	GB00B2NGPM57	ORD 100P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	3.00	0.43%	704.00	703.00	704.50	708.00	696.00	705.00	182,110	13:41:50

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Mortgage Bankers & Loan Corr	410.1M	153.9M	0.7108	9.93	1.53B

Paragon Banking Group PLC Statement re possible acquisition (2632N)

08/05/2018 7:00am

UK Regulatory

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TIDMPAG

RNS Number : 2632N

Paragon Banking Group PLC

08 May 2018

Paragon Banking Group PLC

Monday 7 May 2018

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

Statement re possible acquisition

Paragon Banking Group PLC ("Paragon") notes the press speculation in relation to a possible acquisition of Titlestone, the residential development finance lender. The purchase of loan books and bolt-on businesses represents a core part of Paragon's growth and diversification strategy.

Paragon confirms that it is in the early stages of considering a possible acquisition of Titlestone. There is no certainty of an agreement being reached nor as to the terms of such agreement. A further update will be provided as appropriate.

End

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 08, 2018 02:00 ET (06:00 GMT)