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REG - Paragon Banking Grp - Director/PDMR Shareholding <Origin Href="QuoteRef">PARA.L</Origin>

RNS Number : 4640Y
Paragon Banking Group PLC
05 December 2017

Paragon Banking Group PLC:

Director Shareholding

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation

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

Identification code

Ordinary Shares of 1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Exercise of 611,330 awards granted for nil consideration (as below) and the sale of 536,330 shares:

1) 425,829 shares under the Paragon Performance Share Plan;

2) 148,595 shares under the Paragon Performance Share Plan 2013; and

3) 36,906 shares under the Paragon Deferred Share Bonus Plan 2013.

Following this exercise and sale, Richard Woodman is interested in 226,051 Ordinary Shares of 1.00 each in Paragon Banking Group PLC.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

477.66p

536,330

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2017/12/04

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

Enquiries:

Pandora Sharp, Company Secretary

0121 712 2075


This information is provided by RNS
The company news service from the London Stock Exchange
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