Holding(s) in Company

RNS Number : 7520F

Paragon Group Of Companies PLC

13 October 2008

 



TR-1:   notification 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   GB00B2NGPM57
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 financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	Allianz SE
4. Full name of shareholder(s) (if different from 3.):	Veer Palthe Voute NV
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	8th October 2008
6. Date on which issuer notified:	10th October 2008
7. Threshold(s) that is/are crossed or reached:	8%
8. Notified details:

A: Voting rights attached to shares
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 viii	Number of shares	Number of voting rights ix		% of voting rights
			Direct	Direct  x	Indirect xi	Direct	Indirect
GB00B2NGPM57	31,615,490	31,615,490	26,519,205	26,476,912	46,276	8.87%	0.015%

B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period/ Date xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

Total (A+B)
Number of voting rights	% of voting rights
26,519,205	8.884%

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

Allianz SE is the ultimate holding company of Veer Palthe Voute NV ('VPV'). VPV is a direct subsidiary of Dresdner Bank Luxembourg S.A. ('DB Lux'), a direct subsidiary of Dresdner Bank AG ('Dresdner'). Dresdner Bank is a direct subsidiary of Allianz Finanzbeteiligungs GmbH ('Allianz Finanz'), which is itself a direct subsidiary of Allianz SE.

Proxy Voting:
10. Name of the 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

 

END

 

 

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