REG - Paragon Banking Grp - Holding(s) in Company

Paragon BankingAnnouncement

02/06/2021 10:45

RNS Number : 5801A
  
Paragon Banking Group PLC
  
02 June 2021
  
 

TR-1: Standard form for notification of major holdings

1. Issuer Details



ISIN 


GB00B2NGPM57


Issuer Name 


Paragon Banking Group Plc


UK or Non-UK Issuer 


Non-UK



2. Reason for Notification


An acquisition or disposal of voting rights


3. Details of person subject to the notification obligation



Name


Royal London Asset Management


City of registered office (if applicable)


London


Country of registered office (if applicable)


United Kingdom



4. Details of the shareholder





Name 


City of registered office 


Country of registered office 




HSBC Global Custody Nominees (UK) Ltd


London


United Kingdom





5. Date on which the threshold was crossed or reached


28-May-2021


6. Date on which Issuer notified


01-Jun-2021


7. Total positions of person(s) subject to the notification obligation







% of voting rights attached to shares (total of 8.A)


% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)


Total of both in % (8.A + 8.B)


Total number of voting rights held in issuer




Resulting situation on the date on which threshold was crossed or reached


5.9940% 






5.9940% 


15,391,624 




Position of previous notification (if applicable)


6.9949%






6.9949%








8. Notified details of the resulting situation on the date on which the threshold was crossed or reached


8A. Voting rights attached to shares





Class/Type of shares ISIN code(if possible) 


Number of direct voting rights (DTR5.1) 


Number of indirect voting rights (DTR5.2.1) 


% of direct voting rights (DTR5.1) 


% of indirect voting rights (DTR5.2.1) 




GB00B2NGPM57 


15,391,624 






5.9940%








Sub Total 8.A 


15,391,624 


5.9940% 





8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))





Type of financial instrument


Expiration date


Exercise/conversion period


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


% of voting rights


























Sub Total 8.B1

















8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))





Type of financial instrument


Expiration date


Exercise/conversion period


Physical or cash settlement


Number of voting rights


% of voting rights






























Sub Total 8.B2 

















9. Information in relation to the person subject to the notification obligation


2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)





Ultimate controlling person 


Name of controlled undertaking 


% of voting rights if it equals or is higher than the notifiable threshold 


% of voting rights through financial instruments if it equals or is higher than the notifiable threshold 


Total of both if it equals or is higher than the notifiable threshold 




Royal London Asset Management Ltd


Royal London Asset Management Ltd


5.9940% 






5.9940% 





10. In case of proxy voting



Name of the proxy holder


No


The number and % of voting rights held


 


The date until which the voting rights will be held


 



11. Additional Information


Calculated % based on shares outstanding of 256,783,788.


12. Date of Completion


01/06/2021


13. Place Of Completion


London, United Kingdom


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