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Paragon Banking Group PLC purchased 114,047 of its ordinary shares of £1.00 each on the London Stock Exchange through Peel Hunt LLP on 21 February 2025, as part of a buyback programme announced on 3 December 2024. The shares were bought at prices ranging from 766.00p to 769.50p, with a volume weighted average price of 768.2578p. Following this purchase, the Company holds 7,565,915 ordinary shares in treasury and has 203,039,045 ordinary shares in issue.
| Date | 21 Feb 2025 |
| Time | 17:02:56 |
| Category | Capital structure |
| ID | 0928Y |
Paragon Banking Group PLC:
Transaction in own shares
21 February 2025
Paragon Banking Group PLC (the "Company") announces that it has purchased the following number of its ordinary shares of £1.00 each on the London Stock Exchange through Peel Hunt LLP ("Peel Hunt"), as part of the share buyback programme, of up to £50m, announced on 3 December 2024.
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Date of purchase: |
21 February 2025 |
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Number of ordinary £1.00 shares purchased: |
114,047 |
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Highest price paid per share: |
769.50p |
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Lowest price paid per share: |
766.00p |
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Volume weighted average price paid per share: |
768.2578p |
Following the purchase of these shares, the Company holds 7,565,915 of its ordinary shares in treasury and has 203,039,045 ordinary shares in issue (excluding treasury shares). The figure of 203,039,045 ordinary shares represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018) the schedule below contains detailed information about the purchases made by Peel Hunt on behalf of the Company as part of the buyback programme.
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Enquiries to: |
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Paragon Banking Group PLC |
Ciara Murphy |
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Company Secretary |
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07974 980 152 |
Schedule of Purchases - Individual Transactions
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Number of shares purchased |
Transaction price (Gbp) |
Venue |
Time of transaction |
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14047 |
766 |
XLON |
08:54:28 |
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25000 |
768.5 |
XLON |
09:28:44 |
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30000 |
769.5 |
XLON |
09:50:06 |
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45000 |
768 |
XLON |
14:10:29 |