Director's Dealing • Dec 12, 2019
Director's Dealing
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RNS Number : 7431W
Paragon Banking Group PLC
12 December 2019
Paragon Banking Group PLC:
Director Shareholding
On 12 December 2019, Paragon Banking Group PLC (the "Company") granted awards over the Company's Ordinary Shares of £1.00 each to the following directors under the Paragon Deferred Share Bonus Plan 2013 ("PDSBP") in respect of bonuses for the year ended 30 September 2019.
| Director | Role | Number of shares awarded under PDSBP |
| N S Terrington | Chief Executive | 42,368 |
| R J Woodman | Chief Financial Officer | 25,759 |
| J A Heron | Managing Director - Mortgages | 21,426 |
No consideration was paid for the grant of the awards, which have been structured as nil-cost options.
The awards will normally vest on the third anniversary of grant and will, ordinarily, remain exercisable until the day before the tenth anniversary of the date of grant.
Enquiries:
Pandora Sharp
Company Secretary
0121 712 2075
| 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 (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 | Ordinary Shares of £1.00 each in Paragon Banking Group PLC | |||
| Identification code | GB00B2NGPM57 | ||||
| b) | Nature of the transaction | Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan. The awards will normally vest on the third anniversary of the grant and will ordinarily remain exercisable until the day before the tenth anniversary of the date of grant. |
|||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £0.00 | 42,368 | ||||
| d) | Aggregated information | N/A | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 12 December 2019 | |||
| 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, 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 | Ordinary Shares of £1.00 each in Paragon Banking Group PLC | |||
| Identification code | GB00B2NGPM57 | ||||
| b) | Nature of the transaction | Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan. The awards will normally vest on the third anniversary of the grant and will ordinarily remain exercisable until the day before the tenth anniversary of the date of grant. |
|||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £0.00 | 25,759 | ||||
| d) | Aggregated information | N/A | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 12 December 2019 | |||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | John Andrew Heron | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Managing Director - Mortgages (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 | Ordinary Shares of £1.00 each in Paragon Banking Group PLC | |||
| Identification code | GB00B2NGPM57 | ||||
| b) | Nature of the transaction | Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan. The awards will normally vest on the third anniversary of the grant and will ordinarily remain exercisable until the day before the tenth anniversary of the date of grant. |
|||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £0.00 | 21,426 | ||||
| d) | Aggregated information | N/A | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 12 December 2019 | |||
| f) | Place of the transaction | Outside a trading venue |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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