REG - Paragon Grp Co PLC - Director/PDMR Shareholding - Replacement <Origin Href="QuoteRef">PARA.L</Origin>

Paragon BankingAnnouncement

29/07/2015 18:00

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RNS Number : 4953U
Paragon Group Of Companies PLC
29 July 2015 
 
The following amendment has been made to the 'Director/PDMR Shareholding'
announcement released on 11 June 2015 at 16:46 under RNS No 9664P. 
 
The Period Exercisable dates have been amended from: 
 
Savings Term                       Period Exercisable 
 
3 years                                    01/08/15 - 01/02/18 
 
5 years                                    01/08/15 - 01/02/20 
 
To the correct Period Exercisable dates of: 
 
Savings Term                       Period Exercisable 
 
3 years                                    01/08/18 - 01/02/19 
 
5 years                                    01/08/20 - 01/02/21 
 
All other details remain unchanged.  The full amended text is shown below. 
 
11 June 2015 
 
The Paragon Group of Companies PLC 
 
(the "Company") 
 
Grant of Options under The Paragon UK Sharesave Plan 2009 
 
(the "Sharesave Plan") 
 
In accordance with the requirements of DTR 3.1.4 R (1)(a), the Company
announces that the Executive Directors detailed in the table below have today
been granted an option to purchase ordinary shares of £1.00 each in the
capital of the Company pursuant to the Sharesave Plan at an exercise price of
£3.4568 per share. 
 
The Sharesave Plan is a tax advantaged share option plan available to all of
the Company's employees, subject to qualifying conditions. 
 
 Director        Role                                  Number of share options granted  Savings Term  Period Exercisable*  
 N S Terrington  Chief Executive                       8,678                            5 years       01/08/20 - 01/02/21  
 R J Woodman     Group Finance Director                8,678                            5 years       01/08/20 - 01/02/21  
 J A Heron       Managing Director- Paragon Mortgages  5,207                            3 years       01/08/18 - 01/02/19  
 
 
* The options are, in normal circumstances, not exercisable until the
completion of the savings term. 
 
The Company was informed of the above transactions on 11 June 2015. 
 
For further information please contact: 
 
Pandora Sharp 
 
Company Secretary 
 
Tel: 0121 712 2075 
 
This information is provided by RNS
The company news service from the London Stock Exchange