Surrender of Options
The Paragon Group of Companies PLC announces that the directors below have surrendered their options granted under the Executive Share Option Scheme on 14 March 2003 in return for payment of an amount equal to the difference between the closing mid price of the Company's shares on 5 March 2013 and the exercise price of the shares.
Name |
Number of shares |
Exercise price |
Closing mid-price |
Gain on exercise per share |
Gross payable to director |
Nigel Terrington |
119,848 |
297.3p |
325p |
27.7p |
£33,197 |
Nicholas Keen |
87,161 |
297.3p |
325p |
27.7p |
£24,143 |
John Heron |
41,269 |
297.3p |
325p |
27.7p |
£11,431 |
Richard Woodman |
34,666 |
297.3p |
325p |
27.7p |
£9,602 |
Enquiries:
John G. Gemmell
Group Company Secretary