Paragon Group Of Companies PLC Holding(s) in Company (9505T)
12 January 2017 - 4:04AM
UK Regulatory
TIDMPAG
RNS Number : 9505T
Paragon Group Of Companies PLC
11 January 2017
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
voting rights are
attached: (ii)
----------------------------------------------------------- ----------------------------------
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) Standard Life Investments
subject to the (Holdings) Limited (Parent
notification obligation: Company)
(iii)
--------------------------------------------------------- ------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
--------------------------------------------------------- ------------------------------------
5. Date of the transaction 10/01/2017
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------------- ------------------------------------
6. Date on which issuer 11/01/2017
notified:
--------------------------------------------------------- ------------------------------------
7. Threshold(s) that is/are Standard Life Investments
crossed or (Holdings) Limited - 5%
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)
------------- --------- ----------- ------------ ------------- --------- ----------- ---------- -----------
GB00B2NGPM57 14,236,927 14,236,927 13,135,083 13,135,083 4.723%
-------------------------- ---------------- ------------- --------- ----------- ---------- -----------
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.
----------------- ------------------------ ------------------------------- ---------------------- ---------------------
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)
--------------- ----------- --------------- -------------- ----------------------------------- -----------------------
Nominal Delta
--------------- ----------- --------------- -------------- ----------------------------------- ------------ ---------
Total (A+B+C)
---------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------------------- ------------------------------------------------------------
13,135,083 4.723%
------------------------------------------------------------- ------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
--------------------------------------------------------------------------------------------------
Standard Life Investments (Holdings) Limited - 4.723%
Standard Life Investments Limited - 2.974%
Ignis Investment Services Limited - Below 5%
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:
------------------------------------------------------------- -----------------------------------
Total voting rights of 278,135,189
13. Additional information: based on company announcement
as at 10 January 2017
------------------------------------------------------------- -----------------------------------
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
END
HOLEAXFFFEDXEFF
(END) Dow Jones Newswires
January 11, 2017 12:04 ET (17:04 GMT)
Paragon Banking (LSE:PAG)
Historical Stock Chart
From Apr 2024 to May 2024
Paragon Banking (LSE:PAG)
Historical Stock Chart
From May 2023 to May 2024
