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

Paragon BankingAnnouncement

09/12/2015 17:10

RNS Number : 5720I
Paragon Group Of Companies PLC
09 December 2015
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
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
X
Other (please specify): 


3. Full name of person(s) subject to the
notification obligation:iii
Prudential plc group of companies
4. Full name of shareholder(s)
(if different from 3.):iv
Prudential plc
M&G Group Limited
M&G Limited
M&G Investment Management Limited
The Prudential Assurance Company Limited
5. Date of the transaction and date on
which the threshold is crossed or
reached:v
08 December 2015
6. Date on which issuer notified:
09 December 2015
7. Threshold(s) that is/are crossed or
reached: vi, vii
See item 13


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
ORD GBP1
GB00B2NGPM57
17,751,722
17,751,722
18,012,554
0
18,012,554
0
6.07%

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
18,012,554
6.07%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Prudential plc (parent Company) - 18,012,554 (6.07%)
M&G Group Limited (wholly owned subsidiary of Prudential plc) - 18,012,554 (6.07%)
M&G Limited (wholly owned subsidiary of M&G Group Limited) - 18,012,554 (6.07%)
M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) - 18,012,554 (6.07%)
The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) - 14,889,125 (5.01%)

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:
As per 5.1.2, the non-exempt holdings for Prudential plc have moved from 4% to 5% triggering this notification.
Notification using the total voting rights figure of 296,701,361
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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