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) |
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An acquisition or disposal of voting rights |
yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
no |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
no |
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An event changing the breakdown of voting rights |
no |
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Other (please specify): |
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no |
3. Full name of person(s) subject to the notification obligation: |
Standard Life Investments Ltd |
4. Full name of shareholder(s) (if different from 3.): |
Vidacos Nominees |
5. Date of the transaction (and date on which the threshold is crossed or reached): |
10 June 2011 |
6. Date on which issuer notified: |
13 June 2011 |
7. Threshold(s) that is/are crossed or reached: |
6% |
8: Notified Details |
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A: Voting rights attached to shares |
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Class/type of share If possible use ISIN code |
GB00B2NGPM57 |
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Situation previous to the triggering transaction |
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Number of shares |
Number of voting rights |
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18,344,500 |
18,344,500 |
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Resulting situation after the triggering transaction |
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Number of shares |
Number of voting rights |
Percentage of |
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Direct |
Indirect |
Direct |
Indirect |
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17,605,119 |
14,077,123 |
3,527,996 |
4.707% |
1.180% |
B: Qualifying 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 |
Percentage of voting rights |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
17,605,119 |
5.886% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease to hold:
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12. Date on which proxy holder will cease to hold voting rights:
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13. Additional information:
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14. Contact name:
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John G. Gemmell Group Company Secretary |
15. Contact telephone number:
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0121 712 2075 |