Paragon Banking Group CFO sells shares on London Stock Exchange

Published 28/03/2025, 19:02
Paragon Banking Group CFO sells shares on London Stock Exchange

LONDON - Paragon Banking Group PLC disclosed on Friday that Richard Woodman, the Chief Financial Officer, and his spouse Susan Woodman have sold a significant number of company shares. The transactions occurred on the London Stock Exchange (LON:LSEG)’s Main Market.

Richard Woodman sold 21,497 ordinary shares at a price of £7.777428 each. Following this sale, he continues to have a beneficial interest in 487,813 shares of the company. His spouse, Susan Woodman, also sold 80,000 shares at the same price. These transactions were made public in compliance with the UK Market Abuse Regulation, which mandates the disclosure of trades by persons discharging managerial responsibilities and their closely associated persons.

The sale took place on March 28, 2025, and represents a notable change in the Woodmans’ holdings in Paragon Banking Group. The share sales by the CFO and his spouse are part of the regular financial disclosures expected from company insiders, providing transparency to the market and shareholders.

The ordinary shares in question are each valued at £1.00, and the identification code for these shares is GB00B2NGPM57. The total volume and price of the shares sold by the CFO and his spouse were not aggregated, as each transaction was reported separately.

The announcement of these transactions provides investors and the market with insight into the trading activities of senior executives within Paragon Banking Group. Such disclosures are routine and required by regulators to ensure fair and transparent markets. This report is based on a press release statement from Paragon Banking Group PLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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