REG - Paragon Banking Grp - Purchase of Shares by Employee Trust

Paragon BankingAnnouncement

28/09/2018 17:15

RNS Number : 4170C
Paragon Banking Group PLC
28 September 2018
 


Paragon Banking Group PLC:
Purchase of Shares by Employee Trust
 
 
Paragon Banking Group PLC's (the "Company") Employee Trust has today purchased 1,300,000 Ordinary shares of £1 each in the Company at £4.736237 per share.
 
The shares were acquired to meet awards as they mature and are exercised under the Paragon Performance Share Plan 2013 and the Paragon Deferred Share Bonus Plan 2013 in which the Group's executive directors and certain of the Group's senior employees have participated from time to time.
 
Following the purchase of the shares the total shares held by the Company's Employee Trust is 2,874,825.
 
Enquiries:
 
Pandora Sharp, Company Secretary
0121 712 2075
 




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