Paragon Group Of Companies PLC Holding(s) in Company (6032I)

TIDMPAG

RNS Number : 6032I

Paragon Group Of Companies PLC

20 June 2017

The Paragon Group of Companies PLC:

Holding(s) in Company

 
 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                                  GB00B2NGPM57 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  ---------------------------------- 
 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 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)                                  Norges Bank 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s)                             N/A 
  (if different from 3.):(iv) 
---------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction                                 15 June 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                    19 June 2017 
  notified: 
---------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are                                Above 4% 
  crossed or 
  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) 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
                                                                                              4.06 
 GB00B2NGPM57   10,832,420       10,832,420       11,007,893     11,007,893                    % 
               ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 
 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. 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 N/A                               N/A                             N/A                            N/A 
                      N/A 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 
 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) 
---------------  -------------  -------------  ---------------  -----------------------------  ----------------------- 
 N/A              N/A            N/A            N/A              N/A                            Nominal       Delta 
---------------  -------------  -------------  ---------------  -----------------------------  ------------  --------- 
                                                                                                N/A           N/A 
-------------      -----------    -----------      -----------    -----------  ------------    ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 11,007,893                                         4.06 % 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------- 
 
   N/A 
 
 Proxy Voting: 
------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                   Norges Bank 
----------------------------------------------  ------------------------------------- 
 11. Number of voting rights proxy               N/A 
  holder will cease 
  to hold: 
----------------------------------------------  ------------------------------------- 
 12. Date on which proxy holder will             N/A 
  cease to hold 
  voting rights: 
----------------------------------------------  ------------------------------------- 
 
 
  13. Additional information:                     Notification using the total 
                                                  voting rights figure of 271,177,643 
----------------------------------------------  ------------------------------------- 
 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

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June 20, 2017 06:22 ET (10:22 GMT)