Edition:
United States

Paragon Group of Companies Plc (PARA.L)

PARA.L on London Stock Exchange

385.10GBp
7 Dec 2016
Change (% chg)

5.10p (+1.34%)
Prev Close
380.00p
Open
380.10p
Day's High
386.80p
Day's Low
380.00p
Volume
932,616
Avg. Vol
764,792
52-wk High
394.10p
52-wk Low
225.10p

Latest Key Developments (Source: Significant Developments)

Paragon Group of Companies trading in line with expectations
Friday, 29 Jul 2016 02:00am EDT 

Paragon Group Of Companies Plc : In line with management's expectations . Pipeline at 30 June 2016 stood at £339.0 million compared to £350.6 million at start of quarter . Capital ratios remain strong, with its CET1 and leverage ratios standing at 16.2% and 6.7% respectively at end of June . There is potential for further disruption following referendum vote, although it is too early for scale of this to be determined . Q3 pretax profit rose 9 percent to 106.3 million stg . Trading update . Underlying operating profits (before fair value items and acquisition related costs) were £109.9 million, 12.1% higher . Group's loan portfolios have maintained their strong performance in credit, profit and in cash flow . Buy-To-Let lending for nine months to 30 June 2016 was £989.6 million, 21.2% higher . New lending levels slowed during Q3 to £166.0 million . Disruptions to market caused by combination of stamp duty changes and uncertainty in run up to referendum . Redemption rate reduced in Q3 and is now trending more in line with longer term expectations. .Expects to deliver profits for 2016 financial year in line with management's expectations.  Full Article

Paragon Group says to repurchase shares
Friday, 15 Jul 2016 12:39pm EDT 

Paragon Group Of Companies Plc :Announces it has commenced, through UBS Limited, an irrevocable, non-discretionary programme to purchase shares on its own behalf.  Full Article

Paragon Group of Companies PLC's Paragon Bank PLC acquires Five Arrows Leasing Group Limited
Friday, 2 Oct 2015 02:00am EDT 

Paragon Group of Companies PLC:Says its subsidiary company, Paragon Bank PLC has agreed to acquire the entire share capital of Five Arrows Leasing Group Limited for 117 million pounds.  Full Article

BRIEF-Paragon Group says to buy back shares worth up to 12.5 mln stg

* Entered into irrevocable,nondiscretionary programme with UBS AG to repurchase amount of shares no greater than 12.5 mln stg Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)