REG - Paragon Banking Grp - Buyback programme management during Closed Period

Paragon BankingAnnouncement

31/03/2022 16:00

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RNS Number : 8261G  Paragon Banking Group PLC  31 March 2022

Paragon Banking Group PLC

 

£50m Share buyback programme - management of the buyback programme

within the Closed Period

 

 

31 March 2022

 

On 7 December 2021 Paragon Banking Group PLC (the "Company") announced a share
buyback programme of up to £50m (the "buyback programme").

 

In advance of the publication of its half-year results on 14 June 2022, the
Company's Closed Period will commence on 1 April 2022.  The Company has
today issued an irrevocable instruction to Jefferies International Limited
("Jefferies") to continue to operate the buyback programme during the Closed
Period.  Jefferies will operate the buyback programme autonomously during the
Closed Period and are expected to complete their instruction before the end of
the Closed Period.

 

 Enquiries to:
 Paragon Banking Group PLC  Marius van Niekerk
                            General Counsel and Company Secretary
                            0121 712 2051

 

 

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