Paragon Banking Directors Exercise Share Awards and Boost Equity Holdings

An announcement from Paragon Banking Group PLC ( (GB:PAG) ) is now available.

Paragon Banking Group PLC has disclosed that chief executive Nigel Terrington and chief financial officer Richard Woodman have exercised nil-cost options over ordinary shares granted under the company’s Deferred Share Bonus Plan and Performance Share Plan, with the first tranches of awards granted in December 2022 vesting in December 2025. Terrington exercised a total of 50,936 shares and sold 23,940 shares to meet tax obligations, while retaining the balance, and Woodman exercised 32,077 shares, retaining all of them and settling tax liabilities directly, signalling increased direct equity exposure for the senior leadership and providing investors with transparency over director share dealings and alignment of management incentives with shareholder interests.

The most recent analyst rating on (GB:PAG) stock is a Buy with a £1050.00 price target. To see the full list of analyst forecasts on Paragon Banking Group PLC stock, see the GB:PAG Stock Forecast page.

Spark’s Take on GB:PAG Stock

According to Spark, TipRanks’ AI Analyst, GB:PAG is a Neutral.

Overall score reflects attractive valuation (low P/E and high dividend yield) and supportive technical positioning above major moving averages. These positives are tempered by financial risks from rising leverage and notable volatility in revenue and cash flow, which reduce confidence in the stability of recent performance.

To see Spark’s full report on GB:PAG stock, click here.

More about Paragon Banking Group PLC

Paragon Banking Group PLC is a UK-based specialist banking group whose core activities centre on providing lending and savings products, with its ordinary shares listed on the London Stock Exchange’s Main Market.

Average Trading Volume: 509,411

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.67B

See more data about PAG stock on TipRanks’ Stock Analysis page.