Holding(s) in Company

RNS Number : 6152R
Paragon Group Of Companies PLC
01 May 2009
 





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:

Prudential plc group of companies


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

See attached schedule


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

29 April 2009


6. Date on which issuer notified:

30 April 2009


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

See item 13



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

GB00B2NGPM57

24,133,785

24,133,785


23,840,313

23,840,313


7.98%





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

N/A

N/A

N/A

N/A

N/A



Total (A+B)


Number of voting rights

Percentage of voting rights

23,840,313

7.98%





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

Prudential plc (parent Company)

M&G Group Limited (wholly owned subsidiary of Prudential plc)

M&G Limited (wholly owned subsidiary of M&G Group Limited)

M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)

The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc).



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:


As per 5.1.2, the non-exempt holdings for Prudential plc have gone below 8% triggering 

this notification.

14 Contact name:


John G. Gemmell


15. Contact telephone number:


0121 712 2075


SCHEDULE FOR POINT 4


                                                                                    HOLDING       %


PRUDENTIAL PLC                                                 23,840,313     7.98     Total Notifiable Interest


Registered Holder                

                

NORTRUST NOMINEE LTD A/C MHF01            66,208

PRUCLT HSBC GIS NOM(UK) PAC AC              23,683,105

PRUCLT HSBC GIS NOM(UK) PPL AC              91,000        


M&G GROUP LIMITED                                           23,840,313    7.98


Registered Holder                

                

NORTRUST NOMINEE LTD A/C MHF01            66,208

PRUCLT HSBC GIS NOM(UK) PAC AC             23,683,105

PRUCLT HSBC GIS NOM(UK) PPL AC             91,000        


M&G INVESTMENT MANAGEMENT LIMITED   23,774,105    7.96


Registered Holder                

                

PRUCLT HSBC GIS NOM(UK) PAC AC            23,683,105

PRUCLT HSBC GIS NOM(UK) PPL AC            91,000    


M&G LIMITED                                                         23,840,313    7.98


Registered Holder                

                

NORTRUST NOMINEE LTD A/C MHF01          66,208

PRUCLT HSBC GIS NOM(UK) PAC AC           23,683,105

PRUCLT HSBC GIS NOM(UK) PPL AC            91,000


THE PRUDENTIAL ASSURANCE                     23,774,105    7.96

COMPANY LIMITED


Registered Holder                

                

PRUCLT HSBC GIS NOM(UK) PAC AC           23,683,105

      PRUCLT HSBC GIS NOM(UK) PPL AC            91,000



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