Holding(s) in Company

RNS Number : 0964N

Paragon Group Of Companies PLC

10 February 2009

 



TR-1:   notification 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 the notification     (please tick the appropriate box or boxes)
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:	Schroders plc
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	06/02/2009
6. Date on which issuer notified:	09/02/2009
7. Threshold(s) that is/are crossed or reached:	5% - 12%
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		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights viii	Number of shares	Number of voting rights ix		% of voting rights
				Direct  x	Indirect xi	Direct	Indirect
Ordinary GB00B2NGPM57	6,739,151 *	6,739,151  *	40,506,553	N/A	36,686,553	N/A	12.29%

* = Shareholding as per last notification on 18/09/2007 which was prior to share consolidation and rights issue and related to ISIN Code GB0006140361.

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
36,686,553	12.29%

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

Schroder Investment Management Limited 36,686,553 12.29%

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:	The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements.
14. Contact name:	John G. Gemmell
15. Contact telephone number:	0121 712 2075

 

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