Director Shareholding
Paragon Banking Group PLC ("the Company") announces that on 10 March 2026, the Company's Executive Directors exercised awards granted under the Paragon Performance Share Plan 2013 ("PPSP"). These awards were granted as nil-cost options over Ordinary Shares of £1.00 each in the Company ("Shares") and sufficient shares were sold, at a price of £7.769388 per share, to cover tax withholding obligations. The balance of shares was retained by each director.
| Director | Date of PPSP award | Exercisable date* | Number of Shares exercised | Number of shares sold | Number of shares retained |
|---|
| N S Terrington | 11/12/2020 | 6/12/2025 | 228,164 | 102,876 | 125,288 |
| R J Woodman | 11/12/2020 | 6/12/2025 | 143,695 | 67,669 | 76,026 |
*The vesting outturn of the December 2020 PPSP award was determined in December 2023, but the awards granted to the Executive Directors did not become exercisable until 6 December 2025
| 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 |
| Transaction 1 |
| a) | Description of the financial instrument, type of instrument Identification code Identification code | Ordinary shares of £1.00 each in Paragon Banking Group PLC GB00B2NGPM57 |
| b) | Nature of the transaction | Exercise of 228,164 nil-cost options granted under the Paragon Performance Share Plan ("PPSP") |
| c) | Price(s) and volume(s) | |
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 10 March 2026 |
| f) | Place of the transaction | Outside a trading venue |
| Transaction 2 |
| a) | Description of the financial instrument, type of instrument Identification code Identification code | Ordinary shares of £1.00 each in Paragon Banking Group PLC GB00B2NGPM57 |
| b) | Nature of the transaction | Sale of 102,876 shares acquired following the aforementioned exercise of options under the PPSP, to settle tax withholding obligations. Following these transactions, Nigel Terrington retains an interest in 1,511,186 shares. |
| c) | Price(s) and volume(s) | | Price | Volume |
|---|
| £7.769388 | 102,876 |
|
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 10 March 2026 |
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 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 |
| Transaction 1 |
| a) | Description of the financial instrument, type of instrument Identification code Identification code | Ordinary shares of £1.00 each in Paragon Banking Group PLC GB00B2NGPM57 |
| b) | Nature of the transaction | Exercise of 143,695 nil-cost options granted under the Paragon Performance Share Plan ("PPSP") |
| c) | Price(s) and volume(s) | |
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 10 March 2026 |
| f) | Place of the transaction | Outside a trading venue |
| Transaction 2 |
| a) | Description of the financial instrument, type of instrument Identification code Identification code | Ordinary shares of £1.00 each in Paragon Banking Group PLC GB00B2NGPM57 |
| b) | Nature of the transaction | Sale of 67,669 shares, acquired following the aforementioned exercise of options under the PPSP, to settle tax withholding obligations Following these transactions, Richard Woodman retains an interest in 635,198 shares. |
| c) | Price(s) and volume(s) | | Price | Volume |
|---|
| £7.769388 | 67,669 |
|
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 10 March 2026 |
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |