TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying PARAGON DIAMONDS PLC
issuer of existing shares to which voting
rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights X
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): placing
3. Full name of person(s) subject to LANSTEAD CAPITAL LP
the notification obligation:
4. Full name of shareholder(s)
(if different from 3.):
5. Date of the transaction and date 10 DECEMBER 2014
on which the threshold is crossed or
reached:
6. Date on which issuer notified: 10 DECEMBER 2014
7. Threshold(s) that is/are crossed 18, 17, 16, 15, 14, 13, 12, 11, 10, 9, 8,
or reached: 7, 6, 5, 4, 3, 2, 1
8. Notified details:
A: Voting rights attached to shares
Class/type Situation previous Resulting situation after the triggering
to the triggering transaction
of shares
transaction
if possible
using the Number of Number Number Number of voting % of voting rights
ISIN CODE Shares of rights
of Voting shares
Rights
Direct Direct Indirect Direct Indirect
GG00B6684H44 63,871,358 63,871,358 871,358 871,358 0.257%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise/ Number of voting rights % of voting
financial date Conversion that may be acquired if the rights
Period instrument is exercised/
instrument converted
N/A
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights
period refers to
instrument
N/A Nominal Delta
Total (A+B+C)
Number of voting rights % of voting rights
871,358 0.257%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
N/A
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: Ed Lukins, Morrison & Foerester (UK) LLP
15. Contact telephone number: 020 7920 4064
