Holding(s) in Company

RNS Number : 5680K

Paragon Group Of Companies PLC

31 December 2015

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			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				X
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: iii		EJF Capital LLC
4. Full name of shareholder(s)  (if different from 3.):iv		Beltway Strategic Opportunities Fund L.P. EJF Debt Opportunities Master Fund, L.P. EJF Debt Opportunities Master Fund II, LP
5. Date of the transaction and date on which the threshold is crossed or reached: v		30 December 2015
6. Date on which issuer notified:		31 December 2015
7. Threshold(s) that is/are crossed or reached: vi, vii		4.00%

 

8. Notified details:

A: Voting rights attached to shares viii, ix

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

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary £1 shares GB00B2NGPM57

12,476,496

11,800,396

3.98%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

11,800,396

3.98%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Beltway Strategic Opportunities Fund L.P.                  (2,004,549 shares or 0.68%)                 EJF Beltway Strategic Opportunities GP, LLC (general partner)                                 EJF Capital LLC (sole member) EJF Debt Opportunities Master Fund, L.P.               (7,388,834 shares or 2.49%)                 EJF Debt Opportunities GP, LLC (general partner)                                 EJF Capital LLC (sole member) EJF Debt Opportunities Master Fund II, LP              (2,407,013 shares or 0.81%)                 EJF Debt Opportunities GP, LLC (general partner)                                 EJF Capital LLC (sole member)
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 296,203,441
14. Contact name:	Pandora Sharp, Group Company Secretary
15. Contact telephone number:	0121 712 2075

 

END

 

 

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