Paragon Banking Grp - Director/PDMR Shareholding

Paragon Banking

03/02/2026 16:21

RNS Number : 5784R

Paragon Banking Group PLC

03 February 2026

 

3 February 2026

Paragon Banking Group PLC

Director Shareholding

 

Paragon Banking Group PLC ("the Company") announces that on 3 February 2026, the Company's Executive Directors exercised awards granted under the Paragon Deferred Share Bonus Plan 2013 ("PDSBP") and the Paragon Performance Share Plan 2013 ("PPSP"). 

These awards, which were granted as nil-cost options over Ordinary Shares of £1.00 each in the Company ("Shares"), vested on 16 December 2025 and are exercisable in tranches from the third anniversary of the date of grant until the seventh anniversary of the date of grant. Each vested tranche is subject to a holding period of one year although sufficient shares may be sold to cover tax withholding obligations.

The transactions below relate to the first vested tranche of each award.

Nigel Terrington
Date of award
Date of vesting
Tranche 1
Shares exercised
Shares sold to cover tax withholding*
Shares retained
PDSBP award
16/12/2022
16/12/2025
4,155
1,953
2,202
PPSP award
16/12/2022
16/12/2025
46,781
21,987
24,794

 

*Nigel Terrington sold a total of 23,940 shares at a cost of £9.01538 per share to settle tax withholding obligations

 

Richard Woodman
Date of award
Date of vesting
Tranche 1
Shares exercised
Shares retained**
PDSBP award
16/12/2022
16/12/2025
2,616
2,616
PPSP award
16/12/2022
16/12/2025
29,461
29,461

**Richard Woodman retained all shares and tax withholding obligations were settled directly

 

For further information, please contact:

Carolyn Sharpe, Deputy Company Secretary

Tel: 07984 810427

 

 

 

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

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 4,155 nil-cost options granted under the Paragon Deferred Share Bonus Plan ("PDSBP")
c)
Price(s) and volume(s)
Price
Volume
£0.00
4,155
d)
Aggregated information
 - Aggregated volume
 - Price
N/A
e)
Date of the transaction
3 February 2026
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 46,781 nil-cost options granted under the Paragon Performance Share Plan ("PPSP")
c)
Price(s) and volume(s)
Price
Volume
£0.00
46,781
d)
Aggregated information
 - Aggregated volume
 - Price
N/A
e)
Date of the transaction
3 February 2026
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 23,940 shares, acquired following the aforementioned exercise of options under the PDSBP & PPSP, to settle tax withholding obligations
c)
Price(s) and volume(s)
Price
Volume
£9.01538
23,940
d)
Aggregated information
 - Aggregated volume
 - Price
N/A
e)
Date of the transaction
3 February 2026
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 2,616 nil-cost options granted under the Paragon Deferred Share Bonus Plan ("PDSBP")
c)
Price(s) and volume(s)
Price
Volume
£0.00
2,616
d)
Aggregated information
 - Aggregated volume
 - Price
N/A
e)
Date of the transaction
3 February 2026
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 29,461 nil-cost options granted under the Paragon Performance Share Plan ("PPSP")
c)
Price(s) and volume(s)
Price
Volume
£0.00
29,461
d)
Aggregated information
 - Aggregated volume
 - Price
N/A
e)
Date of the transaction
3 February 2026
f)
Place of the transaction
Outside a trading venue

 

 

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