REG - Paragon Grp Co PLC - Holding(s) in Company <Origin Href="QuoteRef">PARA.L</Origin>

Paragon BankingAnnouncement

15/07/2015 13:53

RNS Number : 8307K
Paragon Group Of Companies PLC
21 April 2015
TR-1: NOTIFICATION OF MAJOR INTEREST 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 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):


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
16 April 2015
6. Date on which issuer notified:
20 April 2015
7. Threshold(s) that is/are crossed or
reached: vi, vii
6.00%


8. Notified details:
A: Voting rights attached to sharesviii, 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
18,100,310


18,715,683

6.16%


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
18,715,683
6.16%


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.  (2,339,030 shares or 0.77%)
 EJF Beltway Strategic Opportunities GP, LLC (general partner)
 EJF Capital LLC (sole member)
EJF Debt Opportunities Master Fund, L.P. (10,525,284 shares or 3.47%)
 EJF Debt Opportunities GP, LLC (general partner)
 EJF Capital LLC (sole member)
EJF Debt Opportunities Master Fund II, LP (3,280,261 shares or 1.08%)
 EJF Debt Opportunities GP, LLC (general partner)
 EJF Capital LLC (sole member)
EJF Financial Services Fund, LP (2,000,000 shares or 0.66%)
 EJF Financial Services GP, LLC (general partner)
 EJF Capital LLC (sole member)
HHMI VII, L.L.C. (571,108 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
303,674,309
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
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