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Paragon Banking Group Announces Share Awards for Executive Directors

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

Paragon Banking Group PLC has announced the granting of share awards to its CEO and CFO under the Paragon Performance Share Plan and the Paragon Deferred Share Bonus Plan for bonuses related to the year ending September 2024. These awards, structured as nil-cost options, are intended to align the interests of the directors with those of shareholders and will vest over a period of several years, contingent upon meeting performance conditions. This strategic move is expected to enhance the company’s competitive positioning in the financial services industry and incentivize its leadership team to drive future growth.

More about Paragon Banking Group PLC

Paragon Banking Group PLC is a financial services company specializing in lending and savings products, with a focus on providing innovative banking solutions to individuals and businesses.

YTD Price Performance: 17.67%

Average Trading Volume: 518,186

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.56B

Learn more about PAG stock on TipRanks’ Stock Analysis page.

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