26th Nov 2007 17:22
Paragon Group Of Companies PLC26 November 2007 DIRECTOR SHAREHOLDING --------------------- On 26 November 2007 The Paragon Group of Companies PLC granted the followingawards under the Paragon Performance Share Plan ("PPSP"): Director Award granted Exercise period Total awards outstanding N S Terrington 79,787 26/11/10 - 26/05/11 324,031 N Keen 59,787 26/11/10 - 26/05/11 242,863 J A Heron 42,553 26/11/10 - 26/05/11 143,059 P Pandya 38,298 26/11/10 - 26/05/11 133,752 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 theconditions 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 2007. For the TSR measure, performance will be measuredover the single three year period commencing 1 October 2007. For bothperformance measures 35% of the award will vest for median performance, risingto 100% for performance on or above the upper quartile. Enquiries: John Gemmell, Company Secretary0121 712 2075 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Paragon Group