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
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2: Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
no |
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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): |
Aggregation of the position being made from 1st July 2014 by Standard Life Investments (Holdings) Limited as Parent Company for Ignis Investment Services Limited |
yes |
3. Full name of person(s) subject to the notification obligation: |
Standard Life Investments (Holdings) Limited (Parent Company) -7.04% comprised of: Standard Life Investments Limited - 3.33% Ignis Investment Services Limited - 3.71% |
4. Full name of shareholder(s) (if different from 3.): |
Vidacos Nominees/HSBC |
5. Date of the transaction (and date on which the threshold is crossed or reached): |
01/07/2014 |
6. Date on which issuer notified: |
03/07/2014 |
7. Threshold(s) that is/are crossed or reached: |
7% |
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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10,221,448 |
10,221,448 |
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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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21,586,969 |
931,827 |
20,655,142 |
0.304% |
6.736% |
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 |
21,586,969 |
7.040% |
9. Chain of controlled undertakings through which the voting rights and/or the |
Standard Life Investments (Holdings) Limited (Parent Company) -7.04% comprised of: Standard Life Investments Limited - 3.33% Ignis Investment Services Limited - 3.71%
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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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Pandora Sharp, Group Company Secretary |
15. Contact telephone number:
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0121 712 2075 |