Paragon Banking Group PLC

Director's Dealing • Jul 29, 2021

National Storage Mechanism | Additional information

RNS Number : 9095G

Paragon Banking Group PLC

29 July 2021

Paragon Banking Group PLC (the "Company")

Grant of Options under The Paragon Sharesave Plan 2019 (the "Sharesave Plan")

The Company announces that on 28 July 2021 the Directors ("PDMRs") detailed in the table below were granted an option to purchase ordinary shares of £1.00 each in the capital of the Company pursuant to the Sharesave Plan at an exercise price of £4.24 per share.

The Sharesave Plan is HMRC approved and available to all of the Company's employees, subject to qualifying conditions. 

Director	Role	Number of share options granted	Savings term	Period exercisable*
N S Terrington	Chief Executive Officer	4,245	3 years	01/09/24 - 01/03/25
R J Woodman	Chief Financial Officer	4,245	3 years	01/09/24 - 01/03/25

* The options are, in normal circumstances, not exercisable until the completion of the savings term. 

The Company was notified of these transactions on 28 July 2021.

For further information, please contact:

Carolyn Sharpe, Senior Assistant Company Secretary

Tel: 07984 810427

29 July 2021

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

GB00B2NGPM57

c)

Nature of the transaction

Grant of options under the Company's all-employee Sharesave Scheme (The Paragon Sharesave Plan 2019) at an option price of £4.24 per share.  Options will normally be exercisable during the period from 1 September 2024 to 1 March 2025.

d)

Price(s) and volume(s)

Price	Volume
£4.24	4,245

e)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

f)

Date of the transaction

28 July 2021

g)

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

GB00B2NGPM57

c)

Nature of the transaction

Grant of options under the Company's all-employee Sharesave Scheme (The Paragon Sharesave Plan 2019) at an option price of £4.24 per share.  Options will normally be exercisable during the period from 1 September 2024 to 1 March 2025.

d)

Price(s) and volume(s)

Price	Volume
£4.24	4,245

e)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

f)

Date of the transaction

28 July 2021

g)

Place of the transaction

Outside a trading venue

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