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Director Shareholding

2nd Jun 2005 14:40

Paragon Group Of Companies PLC02 June 2005 DIRECTOR SHAREHOLDING --------------------- On 2 June 2005 The Paragon Group of Companies PLC granted the following awardsunder the Paragon Performance Share Plan ("PPSP"): Director Award granted Exercise period Total award N S Terrington 47,034 02/06/08 - 02/12/08 359,704 N Keen 35,276 02/06/08 - 02/12/08 266,347 J A Heron 18,937 02/06/08 - 02/12/08 137,364 P Pandya 18,937 02/06/08 - 02/12/08 139,557 Under the terms of the PPSP these awards will become exercisable provided theCompany's total shareholder return over the three year period commencing 1 April2005 is at or above the median TSR for a comparator group of companies making upthe FTSE All Share Banks and Speciality and Other Finance Sector. The extent towhich the shares can be exercised will be dependent upon where the company isranked, with 25% being exercisable for median performance, rising to 100% forperformance on or above the upper quartile. Enquiries: John G Gemmell, Company Secretary0121 712 2075 This information is provided by RNS The company news service from the London Stock Exchange

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Paragon Group
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