8th Mar 2006 16:15
Paragon Group Of Companies PLC08 March 2006 DIRECTOR SHAREHOLDING --------------------- On 7 March 2006 The Paragon Group of Companies PLC granted the following awardsunder the Paragon Performance Share Plan ("PPSP"): Director Award granted Exercise period Total awards outstanding N S Terrington 35,722 07/03/09 - 07/09/09 395,426 N Keen 26,778 07/03/09 - 07/09/09 293,125 J A Heron 15,111 07/03/09 - 07/09/09 152,475 P Pandya 15,111 07/03/09 - 07/09/09 154,668 Under the terms of the PPSP one half of each new award will be subject to atotal shareholder return ("TSR") performance condition and the other half to anearnings per share ("EPS") performance condition. In respect of both of theseconditions the Company's performance will be compared to that of a group ofcompanies drawn from the Banks and Speciality and Other Finance sectors. For theEPS measure, performance will be measured over the single three year periodcommencing 1 October 2005. For the TSR measure, performance will be measuredover the single three year period commencing 1 January 2006. For bothperformance measures 35% of the award will vest for median performance, risingto 100% for performance 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 ExchangeRelated Shares:
Paragon Group