Paragon Mort (No14)

Result of Noteholders Meeting Class A1 and A2c

RNS Number : 2218W
Paragon Mortgages (No.14) PLC
23 January 2013
 



NOTICE

To the holders of the Outstanding

$1,500,000,000 Class A1 mortgage backed floating rate notes due 2039

(Reg S Common Code: 029282692; Reg S ISIN: XS0292826921; Rule 144A US Common Code: 29271364; Rule 144A US ISIN:US69913FAA57; Rule 144A CUSIP: 69913FAA5)

$400,000,000 Class A2c mortgage backed floating rate notes due 2039

(Reg S Common Code: 029284997; Reg S ISIN: XS0292849972; Rule 144A US Common Code: 29271925; Rule 144A US ISIN: US69913FAB31; Rule 144A CUSIP: 69913FAB3)

issued by Paragon Mortgages (No.14) PLC (the "Issuer")

Further to the notice of 20 December 2012, NOTICE IS HEREBY GIVEN to the holders of the above Notes that, at the Adjourned Meetings of the Class A2a Noteholders, the Class A2b Noteholders, the Class B1b Noteholders, and the Class C1b Noteholders held at the offices of Clifford Chance LLP at 10 Upper Bank Street, Canary Wharf, London E14 5JJ on Thursday, 17 January 2013 the Extraordinary Resolutions set out in the Notices of Adjourned Meetings, previously notified to those Noteholders on 20 December 2012, were duly passed.

However, similar resolutions proposed at the meetings of the Class B1a Noteholders and Class C1a Noteholders were not passed. Therefore, the Amendment Documents will not be executed.

Paragon Mortgages (No.14) PLC

23 January 2013


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