Director Shareholding
July 03 2003 - 7:11AM
UK Regulatory
RNS Number:1165N
Paragon Group Of Companies PLC
3 July 2003
DIRECTOR SHAREHOLDING
On 2 July 2003 The Paragon Group of Companies PLC ("the Company") granted the
following awards of 10p ordinary shares under the Paragon Performance Share Plan
("PPSP"):
Director Award granted Date exercisable
N S Terrington 63,684 02/07/06 - 02/01/07
N Keen 46,316 02/07/06 - 02/01/07
J P L Perry 40,790 02/07/06 - 02/01/07
Under the terms of the PPSP these awards will become exercisable provided the
Company's total shareholder return over the three year period commencing with
the date of grant is at or above the median TSR for a comparator group of those
companies making up the FTSE All Share Banks and Speciality and Other Finance
Sector. The extent to which the shares can be exercised will be dependent upon
where the company is ranked, with 25% being exercisable for median performance,
rising to 100% for performance on or above the upper quartile.
Enquiries:
John Gemmell, Company Secretary
0121 7122075
This information is provided by RNS
The company news service from the London Stock Exchange
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