14th Jun 2007 16:23
Paragon Group Of Companies PLC14 June 2007 DIRECTOR SHAREHOLDING --------------------- On 14 June 2007 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 27,043 14/06/10 - 14/12/10 279,101 N Keen 20,264 14/06/10 - 14/12/10 209,320 J A Heron 11,538 14/06/10 - 14/12/10 118,157 P Pandya 10,385 14/06/10 - 14/12/10 115,125 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 2006. For the TSR measure, performance will be measuredover the single three year period commencing 1 April 2007. For both performancemeasures 35% of the award will vest for median performance, rising to 100% forperformance 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