3rd Feb 2011 18:05
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | The Paragon Group of Companies PLC | |||
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) subject to thenotification obligation: iii | Prudential plc group of companies | |||
4. Full name of shareholder(s) (if different from 3.):iv | See schedule below | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 01 February 2011 | |||
6. Date on which issuer notified: | 02 February 2011 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | See item 13 | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB00B2NGPM57 |
18,035,531 |
18,035,531 | 17,988,964 | 17,968,935 | 20,029 | 6.00% | 0.01% | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
17,988,964 | 6.01% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Prudential plc (parent Company) M&G Group Limited (wholly owned subsidiary of Prudential plc) M&G Limited (wholly owned subsidiary of M&G Group Limited) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential Plc)
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
13. Additional information: |
The notifiable position has not crossed a disclosable threshold. The notifiable position of 6.01% is an exempt holding under section 5.1.2 of the FSA's DTR Handbook.
The trigger for this notification is the movement from 6.00% to 5.99% in the non-exempt holding, which makes up part of the 6.01% notifiable interest.
| |
14. Contact name: | John G. Gemmell, Group Company Secretary | |
15. Contact telephone number: | 0121 712 2075 | |
SCHEDULE FOR ITEM 4
Notifiable Position Report for
The Paragon Group of Companies PLC
As at 1 February 2011
Percentage holdings are calculated using 299,076,545 Total Voting Rights
Registered Holder | Holding | Voting Rights | % Voting Rights | |||
Prudential plc | 17,988,964 | 6.01 | Total Notifiable Interest | |||
Holding Type: Direct | ||||||
NORTRUST NOMINEE LTD A/C MHF01 | 66,208 | 66,208 | ||||
PRUCLT HSBC GIS NOM(UK) PAC AC | 17,811,727 | 17,811,727 | ||||
PRUCLT HSBC GIS NOM(UK) PPL AC | 91,000 | 91,000 | ||||
Sub Total: | 17,968,935 | 17,968,935 | ||||
Holding Type: Indirect | ||||||
JP MORGAN NOMINEES | 20,029 | 20,029 | ||||
Sub Total: | 20,029 | 20,029 | ||||
M&G Group Limited | 17,968,935 | 6.00 | ||||
NORTRUST NOMINEE LTD A/C MHF01 | 66,208 | 66,208 | ||||
PRUCLT HSBC GIS NOM(UK) PAC AC | 17,811,727 | 17,811,727 | ||||
PRUCLT HSBC GIS NOM(UK) PPL AC | 91,000 | 91,000 | ||||
M&G Investment Management Limited | 17,902,727 | 5.98 | ||||
PRUCLT HSBC GIS NOM(UK) PAC AC | 17,811,727 | 17,811,727 | ||||
PRUCLT HSBC GIS NOM(UK) PPL AC | 91,000 | 91,000 | ||||
M&G Limited | 17,968,935 | 6.00 | ||||
NORTRUST NOMINEE LTD A/C MHF01 | 66,208 | 66,208 | ||||
PRUCLT HSBC GIS NOM(UK) PAC AC | 17,811,727 | 17,811,727 | ||||
PRUCLT HSBC GIS NOM(UK) PPL AC | 91,000 | 91,000 | ||||
The Prudential Assurance Company Limited | 17,902,727 | 5.98 | ||||
PRUCLT HSBC GIS NOM(UK) PAC AC | 17,811,727 | 17,811,727 | ||||
PRUCLT HSBC GIS NOM(UK) PPL AC | 91,000 | 91,000 | ||||
Related Shares:
Paragon Group