Business
Management of share buyback programme
Management of share buyback programme.
About this update from Paragon Banking Group Plc
[{"type":"text","content":"\n\nParagon Banking Group PLC:\n \n31 March 2025\n \nManagement of share buyback programme\n \nOn 3 December 2024, Paragon Banking Group PLC (the \"Company\") announced a share buyback programme of up to £50m (the \"buyback programme\"). \n \nIn advance of the publication of its half-year results on 4 June 2025, the Company's closed period will commence on 1 April 2025. The Company has today lodged an irrevocable non-discretionary instruction with Peel Hunt LLP (\"Peel Hunt\"), to continue to operate the current buyback programme during the closed period. Peel Hunt will operate the buyback programme autonomously during the closed period until the buyback programme is completed or until 24 May 2025, whichever occurs first.\nAny share acquisitions will be effected within certain pre-set parameters, and in accordance with both the Company's general authority to repurchase shares and in compliance with Market Abuse Regulation 596/2014 (as it forms part of UK law by virtue of section 3 of the European Union (Withdrawal) Act 2018 (as amended)) and Chapter 9 of the Listing Rules. The Company confirms that it currently has no unpublished price sensitive information.\n \nFurther enquiries:\n \n \nParagon Banking Group PLC \nCiara Murphy\nCompany Secretary\nTel: 07974 980 152\n \n \n\n","length":2387,"tagName":"div"}]