Allotment of Shares to Employee Trust

RNS Number : 0880V

Paragon Group Of Companies PLC

05 January 2012

 



ALLOTMENT OF SHARES TO EMPLOYEE TRUST

On 4 January 2012, The Paragon Group of Companies PLC Employee Trust were allotted a further 600,000 ordinary shares of £1 each in The Paragon Group of Companies PLC at par value.

The shares were acquired to meet awards as they mature and are exercised under The Paragon Group of Companies Performance Share Plan, in which the Group's executive directors and certain of the Group's senior employees have participated from time to time.

Following the allotment of the shares the total shares held by The Paragon Group of Companies PLC's various employee trusts is 2,828,381.

Enquiries:

John G. Gemmell, Group Company Secretary

0121 712 2075

 

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