TIDMPAG

RNS Number : 5869H

Paragon Group Of Companies PLC

18 August 2016

The Paragon Group of Companies PLC:

Cancellation of Treasury Shares

The Paragon Group of Companies PLC (the "Company") announces the cancellation of treasury shares in accordance with the provisions of section 729 of the Companies Act 2006.

In accordance with Listing Rule 12.6.4 and DTR 5 the Company discloses the following information:

 
 Date of cancellation:                         18 August 2016 
 
 Number of ordinary GBP1.00 shares 
  cancelled:                                       13,716,094 
 
 Percentage of voting rights 
  attributable to the cancelled 
  shares:                                               4.87% 
 
 Total number of shares held 
  in treasury following the cancellation:          14,000,000 
 
 Total number of issued shares 
  following the cancellation:                     295,850,629 
 
 Total number of voting rights 
  following the cancellation:                     281,850,629 
 
 Percentage of voting rights 
  attributable to the shares held 
  in treasury following the cancellation 
  of 13,716,094 shares:                                 4.97% 
 

281,850,629 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 
 Enquiries to: 
 The Paragon Group of Companies    Pandora Sharp 
  PLC 
                                   Group Company Secretary 
                                   0121 712 2075 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 18, 2016 10:43 ET (14:43 GMT)

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