Holding(s) in Company

RNS Number : 2445B

Paragon Group Of Companies PLC

22 October 2009

 



TR-1:    Notifications of Major Interests in Shares

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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):

3. Full name of person(s) subject to the notification        obligation:	Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3.):	Legal & General Assurance (Pensions Management) Limited (PMC)
5. Date of the transaction (and date on which the threshold      is crossed or reached):	20 October 2009
6. Date on which issuer notified:	21 October 2009
7. Threshold(s) that is/are crossed or reached:	From 5% - 4% (L&G)

8:  Notified Details
Voting rights attached to shares
Class/type of share    If possible use ISIN code		ORD GBP 1.00 GB00B2NGPM57
Situation previous to the triggering transaction
Number of shares		Number of voting rights
15,526,562		15,526,562
Resulting situation after the triggering transaction
Number of shares	Number of voting rights		Percentage of voting rights
	Direct	Indirect	Direct	Indirect
14,892,887	14,892,887		4.98%

Qualifying 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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise  price	Expiration  date	Exercise/ Conversion  period	Number of voting  rights instrument  refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
14,892,887	4.98%

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

Legal & General Group Plc (Direct and Indirect) (Group) (19.089,685 -6.39% = Total Position)  Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (19.089,685 -6.39% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (19.089,685 -6.39% = Total Position) Legal & General Group Plc (Direct) (L&G) (14,892,887-4.98 % = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (10,653,382 - 3.56 % = PMC)   Legal & General Insurance Holdings Limited (Direct) (LGIH)  Legal & General Assurance (Pensions Management) Limited (PMC) (10,653,382 - 3.56 % = PMC)   Legal & General Assurance Society Limited (LGAS & LGPL)  Legal & General Pensions Limited (Direct)  (LGPL)

Proxy Voting:
10. Name of the 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:	Notification using the total voting rights figure of 298,490,705.
14. Contact name:	John G. Gemmell Group Company Secretary
15. Contact telephone number:	0121 712 2075

 

END

 

 

HOLMTBJTMMTTBAL