Paragon Group Of Companies PLC Holding(s) in Company (3083F)
July 26 2016 - 11:59AM
UK Regulatory
TIDMPAG
RNS Number : 3083F
Paragon Group Of Companies PLC
26 July 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
-----------------------------------------------------------------------------------------------
1. Identity of the issuer or The Paragon Group of Companies
the underlying issuer PLC
of existing shares to which
voting rights are
attached: (ii)
----------------------------------------------------------- ----------------------------------
2 Reason for the notification (please tick the appropriate
box or boxes):
-----------------------------------------------------------------------------------------------
An acquisition or disposal of voting rights Yes
-------------------------------------------------------------- -------------------------------
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 Yes
-------------------------------------------------------------- -------------------------------
Other (please
specify):
------------------------------------------------------- ----- -------------------------------
3. Full name of person(s) Standard Life Investments
subject to the (Holdings) Limited (Parent
notification obligation: Company) - 6.959%
(iii)
--------------------------------------------------------- ------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
--------------------------------------------------------- ------------------------------------
5. Date of the transaction 22/07/2016
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------------- ------------------------------------
6. Date on which issuer 25/07/2016
notified:
--------------------------------------------------------- ------------------------------------
7. Threshold(s) that is/are Standard Life Investments
crossed or Limited - 5%
reached: (vi, vii)
--------------------------------------------------------- ------------------------------------
8. Notified details:
----------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
----------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
------------- ----------------------------------- ------------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
------------- ---------------- ----------------- -------------- ----------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ------------ ------------- -------------- --------- ------------ ------------ -----------
GB00B2NGPM57 25,205,403 25,205,403 19,768,588 19,768,588 6.959%
---------------- ----------------- -------------- --------- ------------ ------------ -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
----------------- -------------- --------------------------------- ------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
--------------- -------------- --------------- -------------- --------------------------- -----------------------
Nominal Delta
--------------- -------------- --------------- -------------- --------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------------------- ----------------------------------------------------
19,768,588 6.959%
---------------------------------------------------------------- ----------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
----------------------------------------------------------------------------------------------------
Standard Life Investments (Holdings) Limited - 6.959%
Standard Life Investments Limited - 4.943%
Ignis Investment Services Limited - 2.015%
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: Notification using the total
voting rights figure of 284,081,217
------------------------------------------------------------- -------------------------------------
14. Contact name: Pandora Sharp, Group Company
Secretary
------------------------------------------------------------- -------------------------------------
15. Contact telephone number: 0121 712 2075
------------------------------------------------------------- -------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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