Paragon Banking Issues Shares as Executive Bonuses

Paragon Banking Group PLC (GB:PAG) has released an update.

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Paragon Banking Group PLC has awarded its Executive Directors with shares as part of their discretionary annual bonus for FY 2024. The shares, representing 50% of the non-deferred bonus portion, are subject to a one-year retention period before they can be transferred. This move reflects the company’s compliance with banking remuneration regulations and aligns executive incentives with shareholder interests.

For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.

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