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Holding(s) in Company - Replacement

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RNS Number : 5177X
Paragon Group Of Companies PLC
28 August 2015
 



The following amendment has been made to the 'Holding(s) in Company' announcement released on 25 August 2015 at 10:14 under RNS No 9937W.

 

In section 8A under 'Resulting situation after the triggering transaction', the number of voting rights for EJF Debt Opportunities Master Fund, L.P. have been changed from indirect to direct.

 

All other details remain unchanged.  The full amended text is shown below.

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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 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 the
notification obligation: iii

EJF Capital LLC

EJF Debt Opportunities Master Fund, L.P.

4. Full name of shareholder(s)
 (if different from 3.):iv

Beltway Strategic Opportunities Fund L.P.

EJF Debt Opportunities Master Fund, L.P.

EJF Debt Opportunities Master Fund II, LP

EJF Financial Services Fund, LP

HHMI VII, L.L.C.

5. Date of the transaction and date on
which the threshold is crossed or
reached: v

 August 21, 2015 - EJF Debt Opportunities

Master Fund, L.P.

August 24, 2015 - EJF Capital LLC

6. Date on which issuer notified:

August 25, 2015

7. Threshold(s) that is/are crossed or
reached: vi, vii

5.00% - EJF Debt Opportunities

Master Fund, L.P.

8.00% - EJF Capital LLC



 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B2NGPM57

14,494,451 - EJF Debt Opportunities

Master Fund, L.P.

 

23,761,202 - EJF Capital LLC


15,723,340 -

EJF Debt Opportunities

Master Fund, L.P.

24,501,522 - EJF Capital LLC

5.28% -

EJF Debt Opportunities

Master Fund, L.P.

8.23% -

EJF Capital LLC



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date xiii

Exercise/
Conversion Period xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

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

15,723,340 - EJF Debt Opportunities Master Fund, L.P.

24,501,522 - EJF Capital LLC

5.28% - EJF Debt Opportunities Master Fund, L.P.

8.23% - EJF Capital LLC

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

Beltway Strategic Opportunities Fund L.P.                  (2,732,356 shares or 0.92%)

                EJF Beltway Strategic Opportunities GP, LLC (general partner)

                                EJF Capital LLC (sole member)

EJF Debt Opportunities Master Fund, L.P.               (15,723,340 shares or 5.28%)

                EJF Debt Opportunities GP, LLC (general partner)

                                EJF Capital LLC (sole member)

EJF Debt Opportunities Master Fund II, LP              (3,492,911 shares or 1.17%)

                EJF Debt Opportunities GP, LLC (general partner)

                                EJF Capital LLC (sole member)

EJF Financial Services Fund, LP                                     (2,000,000 shares or 0.67%)

                EJF Financial Services GP, LLC (general partner)

                                EJF Capital LLC (sole member)

HHMI VII, L.L.C.                                                           (552,915 shares or 0.19%)

            EJF Capital LLC (Investment Manager)


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease
to hold:

N/A

12. Date on which proxy holder will cease to hold
voting rights:

N/A



13. Additional information:


Notification using the total voting rights figure of

297,653,412

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
 
 
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