6th Nov 2007 09:40
Paragon Group Of Companies PLC06 November 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES --------------------------------------------------- 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): The Paragon Group of Companies PLC................. 2. Reason for the notification (please state Yes/No): An acquisition or disposal of voting rights: Yes.................An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: No................. An event changing the breakdown of voting rights: No................. Other (please specify) :................. 3. Full name of person(s) subject to the notification obligation (iii): OppenheimerFunds Inc (OFI) and Baring Asset Management Limited (Baring)................. 4. Full name of shareholder(s) (if different from 3.) (iv):................. 5. Date of the transaction (and date on which the threshold is crossed orreached if different) (v): 02/11/2007................. 6. Date on which issuer notified: 05/11/2007................. 7. Threshold(s) that is/are crossed or reached: 6% (OFI independently crossed the 6% threshold, 6.6822%. Baring continues tohold 0.0469%. In aggregate, total ownership is 6.7291%).................. 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggeringthe ISIN CODE transaction (vi) Number of Number of voting Rights shares (viii)GB0006140361 OFI 6,873,925 5.9875%Baring 53,826 0.0469% Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting % of votingpossible using the ISIN shares rights (ix) rightsCODE Direct Direct Indirect Direct Indirect (x) (xi)GB0006140361 OFI 7,671,442 7,671,442 6.6822%Baring 53,826 53,826 0.0469% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting rights that may % offinancial Date Conversion be acquired if the instrument is votinginstrument (xiii) Period/ Date exercised/ converted. rights (xiv) Total (A+B)Number of voting rights % of voting rights 7,725,268 6.7291% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): OppenheimerFunds, Inc. owns, as of 02/11/07, 7,671,442 shares equal to 6.6822%shares outstanding (114,804,242). Baring Asset Management Limited owns, as of 02/11/07, 53,826 shares equal to0.0469% of the shares outstanding (114,804,242).................. 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:................. 13. Additional information:................. 14. Contact name: John G. Gemmell................. 15. Contact telephone number: 0121 712 2075................. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Paragon Group