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

Paragon BankingAnnouncement

28/08/2015 16:20

For best results when printing this announcement, please click on the link
below:

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20150828:nRSY9937Wa


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                                                                                                               The Paragon Group of Companies PLC                                                                                                                                         
 of existing shares to which voting rights are                                                                                                                                                                                                                                                                                               
 attached:ii                                                                                                                                                                                                                                                                                                                                 
 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                                                                                                                         EJF Capital LLCEJF Debt Opportunities Master Fund, L.P.                                                                                                                    
 notification obligation:iii                                                                                                                                                                                                                                                                                                                 
 4. Full name of shareholder(s)                                                                                                                                   Beltway Strategic Opportunities Fund L.P.EJF Debt Opportunities Master Fund, L.P.EJF Debt Opportunities Master Fund II, LPEJF Financial Services Fund, LPHHMI VII, L.L.C.  
  (if different from 3.):iv                                                                                                                                                                                                                                                                                                                  
 5. Date of the transaction and date on                                                                                                                           August 21, 2015 - EJF Debt OpportunitiesMaster Fund, L.P.August 24, 2015 - EJF Capital LLC                                                                                 
 which the threshold is crossed or                                                                                                                                                                                                                                                                                                           
 reached:v                                                                                                                                                                                                                                                                                                                                   
 6. Date on which issuer notified:                                                                                                                                August 25, 2015                                                                                                                                                            
 7. Threshold(s) that is/are crossed or                                                                                                                           5.00% - EJF Debt OpportunitiesMaster Fund, L.P.8.00% - EJF Capital LLC                                                                                                     
 reached: vi, vii                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                                                                                   
 
 
 8. Notified details:                                                                               
 A: Voting rights attached to sharesviii, ix                                                        
 Class/type of                                                                                      Situation previous                                                                 Resulting situation after the triggering transaction  
 shares                                                                                             to the triggering                                                                                                                        
 if possible using                                                                                  transaction                                                                                                                              
 the ISIN CODE                                                                                                                                                                                                                               
 Number                                                                                             Number                                                                             Number                                                Number of voting                                     % of  voting rights x                         
 of                                                                                                 of                                                                                 of shares                                             rights                                                                                             
 Shares                                                                                             Voting                                                                                                                                                                                                                                      
                                                                                                    Rights                                                                                                                                                                                                                                      
 Direct                                                                                             Direct xi                                                                          Indirect xii                                          Direct                                               Indirect                                      
 GB00B2NGPM57                                                                                       14,494,451 - EJF Debt OpportunitiesMaster Fund, L.P. 23,761,202 - EJF Capital LLC                                                        15,723,340 -EJF Debt OpportunitiesMaster Fund, L.P.  24,501,522 - EJF Capital LLC                  5.28% -EJF Debt OpportunitiesMaster Fund, L.P.  8.23% -EJF Capital LLC  
                                                                                                    
                                                                                                    
 B: Qualifying Financial Instruments                                                                
 Resulting situation after the triggering transaction                                               
 Type of financial                                                                                  Expiration                                                                         Exercise/                                             Number of voting                                     % of voting                                   
 instrument                                                                                         date xiii                                                                          Conversion Period xiv                                 rights that may be                                   rights                                        
                                                                                                                                                                                                                                             acquired if the                                                                                    
                                                                                                                                                                                                                                             instrument is                                                                                      
                                                                                                                                                                                                                                             exercised/ converted.                                                                              
                                                                                                                                                                                                                                                                                                                                                
                                                                                                    
 C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi  
 Resulting situation after the triggering transaction                                               
 Type of financial                                                                                  Exercise price                                                                     Expiration date xvii                                  Exercise/                                            Number of voting rights instrument refers to  % of voting rights xix, xx                      
 instrument                                                                                                                                                                                                                                  Conversion period xviii                                                                                                                            
                                                                                                                                                                                                                                                                                                                                                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                                                                                                                       N/A                                                              
 to hold:                                                                                                                                                                                                                                   
 12. Date on which proxy holder will cease to hold                                                                                                                         N/A                                                              
 voting rights:                                                                                                                                                                                                                             
                                                                                                                                                                           
 13. Additional information:                                                                                                                                               Notification using the total voting rights figure of297,653,412  
 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