Paragon Group Of Companies PLC Holding(s) in Company (9505T)

TIDMPAG

RNS Number : 9505T

Paragon Group Of Companies PLC

11 January 2017

 
 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 
--------------------------------------------------------------  ------------------------------- 
 Other (please 
  specify): 
-------------------------------------------------------  -----  ------------------------------- 
 3. Full name of person(s)                                  Standard Life Investments 
  subject to the                                             (Holdings) Limited (Parent 
  notification obligation:                                   Company) 
  (iii) 
---------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction                                 10/01/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                    11/01/2017 
  notified: 
---------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are                                Standard Life Investments 
  crossed or                                                 (Holdings) 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   14,236,927                  14,236,927        13,135,083                13,135,083               4.723% 
               --------------------------  ----------------  -------------  ---------  -----------  ----------  ----------- 
 
 
 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 
-------------------------------------------------------------  ------------------------------------------------------------ 
 13,135,083                                                     4.723% 
-------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 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 - 4.723% 
   Standard Life Investments Limited - 2.974% 
   Ignis Investment Services Limited - Below 5% 
 
 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: 
-------------------------------------------------------------  ----------------------------------- 
 
                                                                Total voting rights of 278,135,189 
  13. Additional information:                                   based on company announcement 
                                                                as at 10 January 2017 
-------------------------------------------------------------  ----------------------------------- 
 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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January 11, 2017 12:04 ET (17:04 GMT)