REG - Paragon Banking Grp - Director/PDMR Shareholding

Paragon BankingAnnouncement

28/06/2019 15:30

RNS Number : 8887D
Paragon Banking Group PLC
28 June 2019
 


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
 
 


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
 
Identification code
 
 


Ordinary Shares of £1.00 each in Paragon Banking Group PLC
 
GB00B2NGPM57
 




b)
 


Nature of the transaction
 
 


Exercise of a total of 141,590 awards for nil consideration and sale of awards granted as follows:
 
1) 100,440 shares under the Paragon Performance Share Plan 2013; and
 
2) 41,150 shares under the Paragon Deferred Share Bonus Plan 2013.
 
Following this exercise and sale, John Heron is interested in 267,507 Ordinary Shares of £1.00 each in Paragon Banking Group PLC.
 




c)
 


Price(s) and volume(s)
 
 


 



Price(s)
 


Volume(s)




£4.3446


141,590



 
 




d)
 


Aggregated information
 
 
- Aggregated volume
 
 
- Price
 
 


N/A - single transaction
 
 
 
 
 
 
 




e)
 


Date of the transaction
 
 


2019-06-27




f)
 


Place of the transaction
 
 


London Stock Exchange, Main Market (XLON)



 
Enquiries:
 
Pandora Sharp, Company Secretary
0121 712 2075
 




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