REG - Paragon Banking Grp - Director/PDMR Shareholding
16/12/2021 09:15
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RNS Number : 8816V Paragon Banking Group PLC 16 December 2021
16 December 2021
Paragon Banking Group PLC
Director Shareholding
On 15 December 2021, 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 2021.
Director Role Number of shares awarded under PPSP Number of shares awarded under the PDSBP
N S Terrington Chief Executive Officer 208,611 74,912
R J Woodman Chief Financial Officer 131,325 45,473
No consideration was paid for the grant of the awards, which have been
structured as nil-cost options.
The PPSP awards will vest subject to the satisfaction of performance
conditions, which will be measured over the period of three financial years
ending on 30 September 2024. The awards, to the extent they vest, will
ordinarily become exercisable following the end of a further holding period
when the Company announces its results for the financial year ending 30
September 2026.
The PDSBP awards will normally vest on the third anniversary of the date of
grant.
Both the PPSP and PDSBP awards will, ordinarily, remain exercisable until the
day before the tenth anniversary of the date of grant.
The number of shares subject to each award has been determined by reference to
a share price of £5.427, being the average share price over the five dealing
days immediately following the announcement by the Company of its results for
the financial year ended 30 September 2021.
Enquiries:
Carolyn Sharpe
Senior Assistant Company Secretary
Tel: 07984810427
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 Officer (PDMR)
b) Initial notification/ Amendment Initial notification
3 Details of the issuer
a) Name Paragon Banking Group PLC
b) LEI code 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 Ordinary shares of £1.00 each in Paragon Banking Group PLC
code
GB00B2NGPM57
Identification code
c) Nature of the transaction Grant of awards, in the form of nil-cost options, under the Paragon
Performance Share Plan ("PPSP").
d) Price(s) and volume(s) Price Volume
£0.00 208,611
e) Aggregated information N/A
- Aggregated volume
- Price
f) Date of the transaction 15 December 2021
g) Place of the transaction Outside a trading venue
e)
Aggregated information
- Aggregated volume
- Price
N/A
f)
Date of the transaction
15 December 2021
g)
Place of the transaction
Outside a trading venue
Details of the person discharging managerial responsibilities/person closely
associated
Name Nigel Stewart Terrington
Reason for the notification
Position/status Chief Executive Officer (PDMR)
Initial notification/ Amendment Initial notification
Details of the issuer
Name Paragon Banking Group PLC
LEI code 213800S1TDKIB1IUTS72
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
Description of the financial instrument, type of instrument Identification Ordinary shares of £1.00 each in Paragon Banking Group PLC
code
GB00B2NGPM57
Identification code
Nature of the transaction Grant of awards, in the form of nil-cost options, under the Paragon Deferred
Share Bonus Plan ("PDSBP").
Price(s) and volume(s) Price Volume
£0.00 74,912
Aggregated information N/A
- Aggregated volume
- Price
Date of the transaction 15 December 2021
Place of the transaction Outside a trading venue
Aggregated information
- Aggregated volume
- Price
N/A
Date of the transaction
15 December 2021
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
a) Name Paragon Banking Group PLC
b) LEI code 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 Ordinary shares of £1.00 each in Paragon Banking Group PLC
code
GB00B2NGPM57
Identification code
b) Nature of the transaction Grant of awards, in the form of nil-cost options, under the Paragon
Performance Share Plan ("PPSP").
c) Price(s) and volume(s) Price Volume
£0.00 131,325
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 15 December 2021
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
15 December 2021
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
a) Name Paragon Banking Group PLC
b) LEI code 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 Ordinary shares of £1.00 each in Paragon Banking Group PLC
code
GB00B2NGPM57
Identification code
b) Nature of the transaction Grant of awards, in the form of nil-cost options, under the Paragon Deferred
Share Bonus Plan ("PDSBP").
c) Price(s) and volume(s) Price Volume
£0.00 45,473
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 15 December 2021
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
15 December 2021
f)
Place of the transaction
Outside a trading venue
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