Paragon Banking Group PLC

Director's Dealing • Jan 13, 2023

National Storage Mechanism | Additional information

RNS Number : 6742M

Paragon Banking Group PLC

13 January 2023

13 January 2023

Paragon Banking Group PLC

Director Shareholding

On 12 January 2023, the Company's Executive Directors exercised awards granted under the Paragon Deferred Share Bonus Plan 2013 ("PDSBP") which were granted as nil-cost options over Ordinary Shares of £1.00 each in the Company ("Shares").

Sufficient Shares were sold on the London Stock Exchange, at a price of £5.835116 per Share, to cover tax withholding obligations and the balance of Shares was retained by each director.

Director	Award type	Date of grant	Date of vesting	Number of Shares Exercised	Number of Shares sold	Number of Shares retained
N S Terrington	PDSBP	14/12/2019	14/12/2022	42,368	20,485	21,883
R J Woodman	PDSBP	14/12/2019	14/12/2022	25,759	12,455	13,304

For further information, please contact:

Carolyn Sharpe, Senior Assistant Company Secretary

Tel: 07984 810427

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

Transaction 1

a)

Description of the financial instrument, type of instrument Identification code

Identification code

Ordinary shares of £1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Exercise of 42,368 nil-cost options granted under the Paragon Deferred Share Bonus Plan ("PDSBP")

c)

Price(s) and volume(s)

Price	Volume
£0.00	42,368

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

12 January 2023

f)

Place of the transaction

Outside a trading venue

Transaction 2

a)

Description of the financial instrument, type of instrument Identification code

Identification code

Ordinary shares of £1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Sale of 20,485 shares to cover tax withholding obligations arising from the aforementioned exercise of options under the PDSP.

c)

Price(s) and volume(s)

Price	Volume
£5.835116	20,485

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

12 January 2023

f)

Place of the transaction

London Stock Exchange - Main Market (XLON)

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

Transaction 1

a)

Description of the financial instrument, type of instrument Identification code

Identification code

Ordinary shares of £1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Exercise of 25,759 nil-cost options granted under the Paragon Deferred Share Bonus Plan ("PDSBP")

c)

Price(s) and volume(s)

Price	Volume
£0.00	25,759

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

12 January 2023

f)

Place of the transaction

Outside a trading venue

Transaction 2

a)

Description of the financial instrument, type of instrument Identification code

Identification code

Ordinary shares of £1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Sale of 12,455 shares to cover tax withholding obligations arising from the aforementioned exercise of options under the PDSP.

c)

Price(s) and volume(s)

Price	Volume
£5.835116	12,455

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

12 January 2023

f)

Place of the transaction

London Stock Exchange - Main Market (XLON)

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