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:
No
An event changing the breakdown of voting rights:
No
Other (please specify) :
No
3. Full name of person(s) subject to the notification obligation (iii):
Standard Life Investments Ltd
4. Full name of shareholder(s) (if different from 3.) (iv):
Vidacos Nominees
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
4 February 2009
6. Date on which issuer notified:
5 February 2009
7. Threshold(s) that is/are crossed or reached:
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 |
29,661,937 |
29,661,937 |
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 |
30,121,043 |
16,418,630 |
13,702,413 |
5.501% |
4.591% |
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 |
30,121,043 |
10.091% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Standard Life Investments Ltd
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