Holding(s) in Company

RNS Number : 9030O

Paragon Group Of Companies PLC

16 March 2009

 



For filings with the FSA include the annex For filings with issuer exclude the annex

TR-1: Notifications of Major Interests 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 notification (yes/no)
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 event changing the breakdown of voting rights
Other (please specify):______________

3. Full name of person(s) subject to notification obligation:	Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3):	Legal & General Assurance (Pensions Management ) Limited (PMC)
5. Date of transaction (and date on which the threshold is crossed or reached if different):	11 March 2009
6. Date on which issuer notified:	13 March 2009
7. Threshold(s) that is/are crossed or reached:	From 4% - 5% (L&G)

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
£1.00 Ordinary GB00B2NGPM57	14,444,957	14,444,957	15,526,562	15,526,562		5.20%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights

Total (A+B)
Number of voting rights	Percentage of voting rights
15,526,562	5.20%

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

Legal & General Group Plc (Direct and Indirect) (Group)  (19,268,084 - 6.45% = Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (19,268,084 - 6.45% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (19,268,084 - 6.45% = Total Position) Legal & General Group Plc (Direct) (L&G)  (15,526,562 - 5.20% = LGAS, LGPL & PMC) Legal & General Investment Management                      Legal & General Insurance Holdings Limited (Holdings) Limited (Direct) (LGIMHD)                             (Direct) (LGIH) (10,300,740 - 3.45% = PMC) Legal & General Assurance (Pensions Management)     Legal & General Assurance Society Limited Limited (PMC) (10,300,740 - 3.45% = PMC)                  (LGAS & LGPL)                                                                                  Legal & General Pensions Limited (Direct)                                                                                  (LGPL)

Proxy Voting:
10. Name of proxy holder:	N/A
11. Number of voting rights proxy holder will cease to hold:	N/A
12. Date on which proxy holder will cease to hold voting rights:	N/A

13. Additional information:	Notification using the total voting  rights figure of 298,490,705
14 Contact name:	John G. Gemmell
15. Contact telephone number:	0121 712 2075

For notes on how to complete form TR-1 please see the FSA website. 

 

END

 

 

HOLJFMBTMMTBBIL