Paragon Group Of Companies(PAG)

Sector:

General Financial

Index:

FTSE Small Cap

Market Cap

£301.48m

Change Today

Price Up0.50p

Share Price

101.00p

Holding(s) in Company

RNS Number : 9489X
Paragon Group Of Companies PLC
30 June 2008
 




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: 

 

YES

…………….


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) :

…………….


3. Full name of person(s) subject to the notification obligation (iii):

 

LEGAL & GENERAL GROUP PLC (L&G)

……………..


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

 

LEGAL & GENERAL ASSURANCE (PENSIONS MANAGEMENT) LIMITED (PMC)

……………..

 

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

25 JUNE 2008

……………..


6. Date on which issuer notified:

27 JUNE 2008

……………..



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

 

FROM 4% - 5% (L&G)

……………..


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)

ORDINARY GBP 1

GB00B2NGPM57

14,389,055

14,389,055



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 (x)

Indirect (xi)

Direct

Indirect

ORDINARY GBP 1

GB00B2NGPM57

15,219,199

15,219,199


5.09



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

15,219,199

5.09


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


LEGAL & GENERAL GROUP PLC (DIRECT AND INDIRECT) (GROUP)

(20,486,422 - 6.86% = TOTAL POSITION)


LEGAL & GENERAL INVESTMENT MANAGEMENT (HOLDINGS) LIMITED

(LGIMH) (DIRECT AND INDIRECT) (20,486,422 - 6.86% = TOTAL POSITION)


LEGAL & GENERAL INVESTMENT MANAGEMENT LIMITED (INDIRECT) (LGIM)

(20,486,422 - 6.86% = TOTAL POSITION)


        LEGAL & GENERAL GROUP PLC (DIRECT) (L&G)

        (15,219,199 - 5.09% = LGAS, LGPL & PMC)


LEGAL & GENERAL INVESTMENT            LEGAL & GENERAL INSURANCE

MANAGEMENT (HOLDINGS) LIMITED        HOLDINGS LIMITED (DIRECT) (LGIH)

(DIRECT) (LGIMHD) 

(11,646,307 - 3.90% = PMC)        


LEGAL & GENERAL ASSURANCE            LEGAL & GENERAL ASSURANCE SOCIETY

(PENSIONS MANAGEMENT) LIMITED       LIMITED (LGAS & LGPL)

(PMC) (11,646,307 - 3.90% = PMC)           

                                                               LEGAL & GENERAL PENSIONS 

                                                               LIMITED (DIRECT) (LGPL)

……………..


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 298,490,705.

……………..



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 Exchange
 
END
 
 
HOLFMMFTMMIJBMP

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).