Picture of Paragon Banking logo

PAG — Paragon Banking News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsBalancedMid CapTurnaround

Paragon Banking Grp - Director/PDMR Shareholding

RNS Number : 1034W

Paragon Banking Group PLC

10 March 2026

 

10 March 2026

Paragon Banking Group PLC

Director Shareholding

 

Paragon Banking Group PLC ("the Company") announces that on 10 March 2026, the Company's Executive Directors exercised awards granted under the Paragon Performance Share Plan 2013 ("PPSP").  These awards were granted as nil-cost options over Ordinary Shares of £1.00 each in the Company ("Shares") and sufficient shares were sold, at a price of £7.769388 per share, to cover tax withholding obligations.  The balance of shares was retained by each director. 

DirectorDate of PPSP awardExercisable date*Number of Shares exercisedNumber of shares soldNumber of shares retained
N S Terrington11/12/20206/12/2025228,164102,876125,288
R J Woodman11/12/20206/12/2025143,69567,66976,026
*The vesting outturn of the December 2020 PPSP award was determined in December 2023, but the awards granted to the Executive Directors did not become exercisable until 6 December 2025   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  
1Details of the person discharging managerial responsibilities/person closely associated
a)NameNigel Stewart Terrington
2Reason for the notification
a)Position/statusChief Executive Officer (PDMR)
b)Initial notification/ AmendmentInitial notification
3Details of the issuer
a)NameParagon Banking Group PLC
b)LEI code213800S1TDKIB1IUTS72
4Details 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 transactionExercise of228,164nil-cost options granted under the Paragon Performance Share Plan ("PPSP")
c)Price(s) and volume(s)
PriceVolume
£0.00228,164
d)Aggregated information
- Aggregated volume
- Price
N/A
e)Date of the transaction10 March 2026
f)Place of the transactionOutside 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 transactionSale of 102,876 shares acquired following the aforementioned exercise of options under the PPSP, to settle tax withholding obligations.
Following these transactions, Nigel Terrington retains an interest in 1,511,186 shares.
c)Price(s) and volume(s)
PriceVolume
£7.769388102,876
d)Aggregated information
- Aggregated volume
- Price
N/A
e)Date of the transaction10 March 2026
f)Place of the transactionLondon Stock Exchange, Main Market (XLON)
    Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them  
1Details of the person discharging managerial responsibilities/person closely associated
a)NameRichard James Woodman
2Reason for the notification
a)Position/statusChief Financial Officer (PDMR)
b)Initial notification/ AmendmentInitial notification
3Details of the issuer
a)NameParagon Banking Group PLC
b)LEI code213800S1TDKIB1IUTS72
4Details 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 transactionExercise of143,695nil-cost options granted under the Paragon Performance Share Plan ("PPSP")
c)Price(s) and volume(s)
PriceVolume
£0.00143,695
d)Aggregated information
- Aggregated volume
- Price
N/A
e)Date of the transaction10 March 2026
f)Place of the transactionOutside 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 transactionSale of 67,669 shares, acquired following the aforementioned exercise of options under the PPSP, to settle tax withholding obligations
Following these transactions, Richard Woodman retains an interest in 635,198 shares.
c)Price(s) and volume(s)
PriceVolume
£7.76938867,669
d)Aggregated information
- Aggregated volume
- Price
N/A
e)Date of the transaction10 March 2026
f)Place of the transactionLondon Stock Exchange, Main Market (XLON)
    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 rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.   END     DSHQBLFFQXLFBBV

Recent news on Paragon Banking

See all news