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Paragon Banking Group PLC

Director's Dealing Apr 20, 2018

4701_dirs_2018-04-20_8809193e-b315-4956-9dad-23180283b283.html

Director's Dealing

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RNS Number : 6437L

Paragon Banking Group PLC

20 April 2018

The following amendment has been made to the 'Director/PDMR Shareholding' announcement released on 6 April 2018 at 15:44 under RNS No 1699K.

In section 4b the number of Ordinary Shares that Nigel Terrington remains interested in has been amended from 609,109 to 781,269.  Following this change, section 2b has been updated from initial notification to amendment notification.

All other details remain unchanged.

The full amended text is shown below.

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.        Nigel Terrington (PDMR)

ii.       Jacqueline Terrington (PCA)

2

Reason for the notification

a)

Position/status

i.        PDMR - Chief Executive

ii.       PCA - spouse to PDMR

b)

Initial notification /Amendment

Amendment notification

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 the financial instrument, type of instrument

Identification code

Ordinary Shares of £1.00 each in Paragon Banking Group PLC ("Ordinary Shares")

GB00B2NGPM57

b)

Nature of the transaction

i.        Disposal of 4,080 Ordinary Shares of which Nigel Terrington is the legal and beneficial owner.

ii.       Purchase of 4,080 Ordinary Shares by Jacqueline Terrington.  The beneficial interest is held together with Nigel Terrington.

Following these transactions, Nigel Terrington remains interested in 781,269 Ordinary Shares.

c)

Price(s) and volume(s)

Price(s) Volume(s)
i. £4.766

Sale by Nigel Terrington
4,080
ii. £4.774

Purchase by Jacqueline Terrington
4,080

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2018/04/05

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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