25th May 2006 17:31
Paragon Group Of Companies PLC25 May 2006 DIRECTOR SHAREHOLDING --------------------- On 25 May 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 19,352 25/05/09 - 25/11/09 414,778 N Keen 14,506 25/05/09 - 25/11/09 307,631 J A Heron 8,186 25/05/09 - 25/11/09 160,661 P Pandya 8,186 25/05/09 - 25/11/09 128,643 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 April 2006. For both performancemeasures 35% of the award will vest 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 ExchangeRelated Shares:
Paragon Group