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 |
No |
An event changing the breakdown of voting rights |
No |
Other (please specify):______________ |
No |
3. Full name of person(s) subject to notification obligation: |
Standard Life Investments Limited |
4. Full name of shareholder(s) (if different from 3): |
Vidacos Nominees |
5. Date of transaction (and date on which the threshold is crossed or reached if different): |
9 February 2009 |
6. Date on which issuer notified: |
10 February 2009 |
7. Threshold(s) that is/are crossed or reached: |
10% |
8: Notified Details |
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A: Voting rights attached to shares |
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Class/type of shares If possible use ISIN code |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of shares |
Number of voting rights |
Number of shares |
Number of voting rights |
Percentage of voting rights |
|||
Direct |
Indirect |
Direct |
Indirect |
||||
GB00B2NGPM57 |
30,121,043 |
30,121,043 |
29,513,477 |
16,351,067 |
13,162,410 |
5.478% |
4.410% |
B: Financial Instruments |
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Resulting situation after the triggering transaction |
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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 |
|
|
|
|
|
Total (A+B) |
|
Number of voting rights |
Percentage of voting rights |
29,513,477 |
9.888% |
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
Standard Life Investments Limited. |
Proxy Voting: |
|
10. Name of 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 |