Director/PDMR Shareholding

RNS Number : 2286Y

Paragon Group Of Companies PLC

17 December 2010

 



DIRECTOR SHAREHOLDING

On 17 December 2010 The Paragon Group of Companies PLC granted the following awards under the Paragon Performance Share Plan ("PPSP"):

Director                     Award granted       Exercise period                   Total awards                                                                                                           outstanding

N S Terrington          450,661                 17/12/13 - 16/12/20           2,671,267

N Keen                     337,424                 17/12/13 - 16/12/20           2,000,620

J A Heron                 240,200                 17/12/13 - 16/12/20           1,419,185

The awards under the PPSP are subject to a performance condition comparing the rank of the Company's total shareholder return ("TSR") against a comparator group of companies comprising the constituents of the FTSE 250 on the date of grant over the three years commencing on the date of grant.  25% of awards will vest for median performance, increasing on a straight line basis to full vesting for upper quartile performance.

Enquiries:

John Gemmell, Company Secretary

0121 712 2075

 

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