RNS Number : 3832D
Paragon Group Of Companies PLC
26 April 2013
 


 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

The Paragon Group of Companies PLC

 

2. Reason for the notification     (please tick the appropriate box or boxes)


 

An acquisition or disposal of voting rights

Yes

 

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


 

An event changing the breakdown of voting rights


 

Other (please specify):  Change in ISC

               

 

3. Full name of person(s) subject to the notification obligation:

Ignis Investment Services Limited    

 

4. Full name of shareholder(s) (if different from 3.):

    

 

5. Date of the transaction and date on which the threshold is crossed or reached if different:

25/04/2013

 

6. Date on which issuer notified:

26/04/2013

 

7. Threshold(s) that is/are crossed or reached:

3%

 

 

 

8.Notified details: Nominee holdings

A: Voting rights attached to shares

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction
Number of Shares

Number of Voting Rights viii

Number of shares

Number of voting rights

% of voting rights
Direct

Direct 

Indirect

Direct

Indirect

GB00B2NGPM57

    


    

    

9,258,660

    

3.05

 

B: Financial Instruments

 

Resulting situation after the triggering transaction xii

 

Type of financial instrument

Expiration date

Exercise/ Conversion  Period/ Date

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

 


    

    



 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration Date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights






Nominal

Delta



Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

 

9,258,660

3.05

 

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

 

Vidacos Nominees Ltd (8,346,771, 2.75%)

HSBC (911,889, 0.30%)

 

 

 

  

 

 

 

 

Phoenix Group Holdings

Impala Holdings Limited

Ignis Asset management Ltd

Ignis Investment Services Ltd (indirect)

 

Proxy Voting:

10. Name of the proxy holder:

    

11. Number of voting rights proxy holder will cease to hold:

    

12. Date on which proxy holder will cease to hold voting rights:

    

 

13. Additional information:

Percentage calculation based on Issued Share Capital of 303,648,707

14. Contact name:

John G Gemmell, Group Company Secretary

15. Contact telephone number:

0121 712 2075

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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