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Completion of Sale of vehicle and fleet subsidiary

10th Jul 2026 14:14

RNS Number : 9435L
Paragon Banking Group PLC
10 July 2026
 

 

RNS ANNOUNCEMENT

Friday 10 July 2026

PARAGON BANKING GROUP PLC

Sale of vehicle and fleet subsidiary

 

Following the announcement on 22 June 2026, Paragon Banking Group PLC today announces the completion of the sale of its subsidiary, Specialist Fleet Services Limited to NRG Fleet Services Limited, adding around £40 million to its net tangible assets and 0.5% to CET1.

 

For further information, please contact:

 

Paragon Banking Group PLC

Nigel Terrington, Chief Executive

Richard Woodman, Chief Financial Officer

Tel: 0121 712 3161

 

 

Paragon will be releasing its full year results for the twelve months to 30 September 2026 on Tuesday 1 December 2026.

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