Holding(s) in Company

RNS Number : 3540Q

Paragon Group Of Companies PLC

08 April 2009

 



TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

The Paragon Group of Companies PLC

2. Reason for notification (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	No
An event changing the breakdown of voting rights	No
Other (please specify):______________	No

3. Full name of person(s) subject to notification obligation:	Oppenheimer Funds Inc (OFI)
4. Full name of shareholder(s) (if different from 3):
5. Date of transaction (and date on which the threshold is crossed or reached if different):	06 April 2009
6. Date on which issuer notified:	07 April 2009
7. Threshold(s) that is/are crossed or reached:	5% (fell below integer threshold)

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use 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		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
GB0006140361	15,012,156	5.029%	13,306,523		13,306,523		4.46%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights

Total (A+B)
Number of voting rights	Percentage of voting rights
13,306,523	4.46%

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

Oppenheimer Funds, Inc. owns, as of 04/06/09, 13,306,523 shares equal to 4.46% of the shares outstanding (298,490,705).

Proxy Voting:
10. Name of proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:	Massachusetts Mutual Life Insurance Company is the parent company of Oppenheimer Funds, Inc.
14 Contact name:	John G Gemmell
15. Contact telephone number:	0121 712 2075

 

END

 

 

HOLIPMMTMMIMBRL