REG - Paragon Banking Grp - Director/PDMR Shareholding

Paragon BankingAnnouncement

18/12/2018 16:50

RNS Number : 8890K
Paragon Banking Group PLC
18 December 2018
 


Paragon Banking Group PLC:
Director Shareholding
 
On 14 December 2018, 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 Performance Share Plan 2013 ("PPSP") and under the Paragon Deferred Share Bonus Plan 2013 ("PDSBP") in respect of bonuses for the year ended 30 September 2018.
 



Director


Role


Number of shares awarded under PPSP


Number of shares awarded under PDSBP




N S Terrington


Chief Executive


227,156


52,349




R J Woodman


Chief Financial Officer


143,059


31,800




J A Heron


Managing Director - Mortgages


121,117


26,437



 
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, subject in the case of the PPSP awards to the satisfaction of the applicable performance conditions, 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 Performance Share Plan ("PPSP").
 
Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan ("PDSBP").
 
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)


 








 


PPSP - £0.00
PDSBP - £0.00


PPSP - 227,156
PDSBP - 52,349
 


 








 


 


 


 




d)
 


Aggregated information


N/A














- Aggregated volume


















- Price


















e)


Date of the transaction


14 December 2018
 




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 Performance Share Plan ("PPSP").
 
Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan ("PDSBP").
 
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)


 








 


PPSP - £0.00
PDSBP - £0.00


PPSP - 143,059
PDSBP - 31,800
 


 








 


 


 


 




d)
 


Aggregated information


N/A














- Aggregated volume


















- Price


















e)


Date of the transaction


14 December 2018
 




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, under the Paragon Performance Share Plan ("PPSP").
 
Grant of awards, in the form of nil-cost options, under the Paragon Deferred Share Bonus Plan ("PDSBP").
 
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)


 








 


PPSP - £0.00
PDSBP - £0.00


PPSP - 121,117
PDSBP - 26,437
 


 








 


 


 


 




d)
 


Aggregated information


N/A














- Aggregated volume


















- Price


















e)


Date of the transaction


14 December 2018
 




f)
 


Place of the transaction


Outside a trading venue



 




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