Holding(s) in Company

RNS Number : 2559Y

Paragon Group Of Companies PLC

03 July 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: 

……………..

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) :

New client share transfer in

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

BlackRock Inc

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

……………..

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

1 July 2008

6. Date on which issuer notified:

2 July 2008

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

Gone above 10%

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)
GB00B2NGPM57	8,514,206*	8,514,206*

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	Direct (x)	Indirect (xi)	Direct	Indirect
GB00B2NGPM57	N/A	N/A	30,462,821	N/A	10.20%

* NB this holding represented 7.34% of the pre-consolidation shares (GB0006140361). The denominator was 115,921,000

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
30,462,821	10.20%

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

BlackRock Investment Management (UK) Limited - 30,462,821 (10.20%)

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:

……………..

14. Contact name:

  John G Gemmell

15. Contact telephone number:

  0121 712 2075

 

END

 

 

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