12th Jun 2012 16:50
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 attached Schedule | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 11 June 2012 | |||
6. Date on which issuer notified: | 12 June 2012 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5% | |||
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 |
14,660,756 |
14,660,756 | 15,506,789 | 15,406,909 | 99,880 |
5.12% |
0.03% | |||||||||
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 | |||||||||||||||
15,506,789 | 5.15% | |||||||||||||||
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: |
| |
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 11 June 2012
Percentage holdings are calculated using 300,756,545 Total Voting Rights
Registered Holder | Holding | Voting Rights | % Voting Rights | |||
Prudential plc | 15,506,789 | 5.15 | Total Notifiable Interest | |||
Holding Type: Direct | ||||||
PRUCLT HSBC GIS NOM(UK) PAC AC | 14,409,598 | 14,409,598 | ||||
PRUCLT HSBC GIS NOM(UK) PPL AC | 75,070 | 75,070 | ||||
STATE STREET NOMS LTD A/C GMIF | 76,208 | 76,208 | ||||
STATE STREET NOMS LTD A/C GMXG | 846,033 | 846,033 | ||||
Sub Total: | 15,406,909 | 15,406,909 | ||||
Holding Type: Indirect | ||||||
JP MORGAN NOMINEES | 99,880 | 99,880 | ||||
Sub Total: | 99,880 | 99,880 | ||||
M&G Group Limited | 15,406,909 | 5.12 | ||||
PRUCLT HSBC GIS NOM(UK) PAC AC | 14,409,598 | 14,409,598 | ||||
PRUCLT HSBC GIS NOM(UK) PPL AC | 75,070 | 75,070 | ||||
STATE STREET NOMS LTD A/C GMIF | 76,208 | 76,208 | ||||
STATE STREET NOMS LTD A/C GMXG | 846,033 | 846,033 | ||||
M&G Investment Management Limited | 15,330,701 | 5.09 | ||||
PRUCLT HSBC GIS NOM(UK) PAC AC | 14,409,598 | 14,409,598 | ||||
PRUCLT HSBC GIS NOM(UK) PPL AC | 75,070 | 75,070 | ||||
STATE STREET NOMS LTD A/C GMXG | 846,033 | 846,033 | ||||
M&G Limited | 15,406,909 | 5.12 | ||||
PRUCLT HSBC GIS NOM(UK) PAC AC | 14,409,598 | 14,409,598 | ||||
PRUCLT HSBC GIS NOM(UK) PPL AC | 75,070 | 75,070 | ||||
STATE STREET NOMS LTD A/C GMIF | 76,208 | 76,208 | ||||
STATE STREET NOMS LTD A/C GMXG | 846,033 | 846,033 | ||||
The Prudential Assurance Company Limited | 14,484,668 | 4.81 | ||||
PRUCLT HSBC GIS NOM(UK) PAC AC | 14,409,598 | 14,409,598 | ||||
PRUCLT HSBC GIS NOM(UK) PPL AC | 75,070 | 75,070 | ||||
Related Shares:
Paragon GroupPrudential