Holding(s) in Company

RNS Number : 9489X

Paragon Group Of Companies PLC

30 June 2008

 



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

THE PARAGON GROUP OF COMPANIES PLC

……………..

2. Reason for the notification (please state 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 the notification obligation (iii):

LEGAL & GENERAL GROUP PLC (L&G)

……………..

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

LEGAL & GENERAL ASSURANCE (PENSIONS MANAGEMENT) LIMITED (PMC)

……………..

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

25 JUNE 2008

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6. Date on which issuer notified:

27 JUNE 2008

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

FROM 4% - 5% (L&G)

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8. Notified details:

……………..

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction (vi)
	Number of shares	Number of voting Rights (viii)
ORDINARY GBP 1 GB00B2NGPM57	14,389,055	14,389,055

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
		Direct (x)	Indirect (xi)	Direct	Indirect
ORDINARY GBP 1 GB00B2NGPM57	15,219,199	15,219,199		5.09

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument	Expiration Date (xiii)	Exercise/Conversion Period/ Date (xiv)	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

Total (A+B)

Number of voting rights	% of voting rights
15,219,199	5.09

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

LEGAL & GENERAL GROUP PLC (DIRECT AND INDIRECT) (GROUP)

(20,486,422 - 6.86% = TOTAL POSITION)

LEGAL & GENERAL INVESTMENT MANAGEMENT (HOLDINGS) LIMITED

(LGIMH) (DIRECT AND INDIRECT) (20,486,422 - 6.86% = TOTAL POSITION)

LEGAL & GENERAL INVESTMENT MANAGEMENT LIMITED (INDIRECT) (LGIM)

(20,486,422 - 6.86% = TOTAL POSITION)

        LEGAL & GENERAL GROUP PLC (DIRECT) (L&G)

        (15,219,199 - 5.09% = LGAS, LGPL & PMC)

LEGAL & GENERAL INVESTMENT            LEGAL & GENERAL INSURANCE

MANAGEMENT (HOLDINGS) LIMITED        HOLDINGS LIMITED (DIRECT) (LGIH)

(DIRECT) (LGIMHD) 

(11,646,307 - 3.90% = PMC)        

LEGAL & GENERAL ASSURANCE            LEGAL & GENERAL ASSURANCE SOCIETY

(PENSIONS MANAGEMENT) LIMITED       LIMITED (LGAS & LGPL)

(PMC) (11,646,307 - 3.90% = PMC)           

                                                               LEGAL & GENERAL PENSIONS 

                                                               LIMITED (DIRECT) (LGPL)

……………..

Proxy Voting:

10. Name of the 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

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15. Contact telephone number:

 0121 712 2075

 ……………..

 

END

 

 

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