Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Hugo Richard Tudor

2

Reason for the notification

a)

Position/status

Non-executive director (PDMR)

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Paragon Banking Group PLC

b)

LEI

213800S1TDKIB1IUTS72

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of £1.00 each in Paragon Banking Group PLC

GB00B2NGPM57

b)

Nature of the transaction

Disposal of 50,000 shares.

Following this transaction, Hugo Tudor remains interested in 175,000 Ordinary Shares of £1.00 each in Paragon Banking Group PLC.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

50,000

£4.2932

e)

Date of the transaction

2019/02/27

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)