Paragon Banking Group PLC

Director's Dealing • Jan 3, 2025

National Storage Mechanism | Additional information

RNS Number : 1015S

Paragon Banking Group PLC

03 January 2025

Paragon Banking Group PLC (the "Company")                

Directors' Shareholdings

The following amendment has been made to the 'Director/PDMR Shareholding' announcement released on 20 December 2024 at 14:04 under RNS No   9861Q. The value of the SIS payment, made to R J Woodman, was incorrectly stated as £30,9877.00.  The correct value of the payment made was £30,877.00. All other details remain unchanged. The full amended text is shown below.

On 20 December 2024 the Company's Executive Directors acquired Ordinary Shares of £1.00 each in the Company ("Shares"), pursuant to the Company's Salary in Shares arrangement ("SIS").  The SIS represents 20% of salary delivered in shares, purchased in quarterly instalments and released over five years, in accordance with the Company's shareholder approved Directors' Remuneration Policy. 

Director	Value of SIS payment (1 October 2024 to 31 December 2024)	Number of Shares acquired with the after tax value of the SIS payment
N S Terrington	£48,868.50	3,546
R J Woodman	£30,877.00	2,241

Shares acquired under the Company's previous Role Based Allowance and SIS arrangements have now been released as follows:

Director	Total number of shares transferred	Transferred to spouse (PCA)
N S Terrington	2,980	Mrs J Terrington
R J Woodman	1,893	Mrs S Woodman

In addition to the transactions listed above, the Company's Executive Directors also exercised their option over shares granted, on 28 July 2021, under the Paragon Sharesave Plan 2019.

Director	Option price	Number of shares under option exercised and retained
N S Terrington	£4.24	4,245
R J Woodman	£4.24	4,245

For further information, please contact:

Carolyn Sharpe, Deputy Company Secretary

Tel: 07984 810427

3 January 2025

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

b)

Nature of the transaction

Purchase of shares pursuant to the Company's Salary in Shares remuneration arrangements.

c)

Price(s) and volume(s)

Price	Volume
£7.3023	3,546

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

20 December 2024

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

i.              Nigel Stewart Terrington (PDMR)

ii.             Jacqueline Terrington (PCA)

2

Reason for the notification

a)

Position/status

i.              PDMR - Chief Executive Officer

ii.             PCA - spouse to PDMR

b)

Initial notification /Amendment

Initial 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 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

i.              Transfer of 2,980 shares to PCA. 

ii.             Receipt of gift of 2,980 shares from PDMR.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0	2,980

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

20 December 2024

f)

Place of the transaction

Outside a trading venue

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

b)

Nature of the transaction

Exercise and retain 4,245 options granted on 28 July 2021 under the Company's all-employee Sharesave Scheme (The Paragon Sharesave Plan 2019) at an option price of £4.24 per share.

c)

Price(s) and volume(s)

Price	Volume
£4.24	4,245

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

20 December 2024 

f)

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

b)

Nature of the transaction

Purchase of shares pursuant to the Company's Salary in Shares remuneration arrangements.

c)

Price(s) and volume(s)

Price	Volume
£7.3023	2,241

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

20 December 2024

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

i.              Richard James Woodman (PDMR)

ii.             Susan Woodman (PCA)

2

Reason for the notification

a)

Position/status

i.              PDMR - Chief Financial Officer

ii.             PCA - spouse to PDMR

b)

Initial notification /Amendment

Initial 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 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

i.              Transfer of 1,893 shares to PCA. 

ii.             Receipt of gift of 1,893 shares from PDMR.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0	1,893

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

20 December 2024

f)

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

b)

Nature of the transaction

Exercise and retain 4,245 options granted on 28 July 2021 under the Company's all-employee Sharesave Scheme (The Paragon Sharesave Plan 2019) at an option price of £4.24 per share.

c)

Price(s) and volume(s)

Price	Volume
£4.24	4,245

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

20 December 2024 

f)

Place of the transaction

Outside a trading venue

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