3rd Jul 2008 12:12
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting 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:
……………..
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached:
……………..
An event changing the breakdown of voting rights:
……………..
Other (please specify) :
New client share transfer in
3. Full name of person(s) subject to the notification obligation (iii):
BlackRock Inc
4. Full name of shareholder(s) (if different from 3.) (iv):
……………..
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
1 July 2008
6. Date on which issuer notified:
2 July 2008
7. Threshold(s) that is/are crossed or reached:
Gone above 10%
8. Notified details:
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction (vi) |
|
|
|
Number of shares |
Number of voting Rights (viii) |
|
GB00B2NGPM57 |
8,514,206* |
8,514,206* |
Resulting situation after the triggering transaction (vii)
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
||
|
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
GB00B2NGPM57 |
N/A |
N/A |
30,462,821 |
N/A |
10.20% |
* NB this holding represented 7.34% of the pre-consolidation shares (GB0006140361). The denominator was 115,921,000
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
|
Type of financial instrument |
Expiration Date (xiii) |
Exercise/Conversion Period/ Date (xiv) |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
30,462,821 |
10.20% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
BlackRock Investment Management (UK) Limited - 30,462,821 (10.20%)
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
Related Shares:
Paragon Group