Paragon Banking Group PLC

Director's Dealing • Jan 31, 2025

National Storage Mechanism | Additional information

RNS Number : 5256V

Paragon Banking Group PLC

31 January 2025

31 January 2025

Paragon Banking Group PLC ("the Company")

Director Shareholding

On 30 January 2025, the Company's Executive Directors exercised and sold awards granted under the Paragon Deferred Share Bonus Plan 2013 ("PDSBP") and the Paragon Performance Share Plan 2013 ("PPSP").  The awards exercised were granted as nil-cost options over Ordinary Shares of £1.00 each in the Company ("Shares") and were sold, via the London Stock Exchange, at a price of £7. 650454 per share . 

Director	Date of PDSBP award	Date of vesting	Number of Shares exercised	Dividend equivalent Shares*	Total number of Shares sold
N S Terrington	15/12/2021	15/12/2024	74,912	9,650	84,562
R J Woodman	15/12/2021	15/12/2024	45,473	5,858	51,331

* The PDSBP awards granted in December 2021 carried the right to receive dividend equivalents, in the form of Shares, at the point of exercise.  

Director	Date of PPSP award	Exercisable date*	Number of Shares exercised & sold
N S Terrington	06/07/2020	03/12/2024	290,965
R J Woodman	06/07/2020	03/12/2024	183,245

*The vesting outturn of the July 2020 PPSP awards was determined in December 2022, but the awards did not become exercisable until 03/12/2024

In addition, the Company's Executive Directors sold the following Shares acquired pursuant to the Company's discretionary annual bonus arrangements, via the London Stock Exchange, at a price of £7.650454 per share. 

Director	Number of Shares acquired 06/12/2023	Date Shares available to sell	Number of Shares sold
N S Terrington	39,542	21/12/2024	39,542
R J Woodman	25,326	21/12/2024	25,326

For further information, please contact:

Carolyn Sharpe, Deputy 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 74,912 nil-cost options granted under the Paragon Deferred Share Bonus Plan ("PDSBP")

c)

Price(s) and volume(s)

Price	Volume
£0.00	74,912

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

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

Exercise of 290,965 nil-cost options granted under the Paragon Performance Share Plan ("PPSP")

c)

Price(s) and volume(s)

Price	Volume
£0.00	290,965

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

f)

Place of the transaction

Outside a trading venue

Transaction 3

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 375,527 shares acquired following the aforementioned exercise of options under the PDSBP & PPSP (including the sale of 9,650 dividend equivalent shares arising from exercise of the PDSBP award)

c)

Price(s) and volume(s)

Price	Volume
£7.650454	375,527

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

Transaction 4

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 39,542 shares acquired pursuant to the Company's discretionary annual bonus arrangements

Following transactions 1-4, Nigel Terrington retains a beneficial interest in 1,319,369 Ordinary Shares of £1.00 each in Paragon Banking Group PLC

c)

Price(s) and volume(s)

Price	Volume
£7.650454	39,542

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

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 45,473 nil-cost options granted under the Paragon Deferred Share Bonus Plan ("PDSBP")

c)

Price(s) and volume(s)

Price	Volume
£0.00	45,473

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

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

Exercise of 183,245 nil-cost options granted under the Paragon Performance Share Plan ("PPSP")

c)

Price(s) and volume(s)

Price	Volume
£0.00	183,245

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

f)

Place of the transaction

Outside a trading venue

Transaction 3

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 234,576 shares acquired following the aforementioned exercise of options under the PDSBP & PPSP (including the sale of 5,858 dividend equivalent shares arising from exercise of the PDSBP award)

c)

Price(s) and volume(s)

Price	Volume
£7.650454	234,576

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

Transaction 4

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 25,326 shares  acquired pursuant to the Company's discretionary annual bonus arrangements

Following transactions 1-4, Richard Woodman retains a beneficial interest in 589,310 Ordinary Shares of £1.00 each in Paragon Banking Group PLC

c)

Price(s) and volume(s)

Price	Volume
£7.650454	25,326

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 January 2025

f)

Place of the transaction

London Stock Exchange - Main Market (XLON)

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