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Holding(s) in Company

RNS Announcement

RNS Number : 4900F

Paragon Group Of Companies PLC

20 February 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			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 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	February 18, 2015
6. Date on which issuer notified:	February 19, 2015
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	6.00%

8. Notified details:

A: Voting rights attached to shares ^{viii, 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

20,632,267

17,997,473

5.88%

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

17,997,473

5.88%

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. (2,249,916 shares or 0.74%) EJF Beltway Strategic Opportunities GP, LLC (general partner) EJF Capital LLC (sole member) EJF Debt Opportunities Master Fund, L.P. (10,090,064 shares or 3.30%) EJF Debt Opportunities GP, LLC (general partner) EJF Capital LLC (sole member) EJF Debt Opportunities Master Fund II, LP (3,090,441 shares or 1.01%) EJF Debt Opportunities GP, LLC (general partner) EJF Capital LLC (sole member) EJF Financial Services Fund, LP (2,000,000 shares or 0.65%) EJF Financial Services GP, LLC (general partner) EJF Capital LLC (sole member) HHMI VII, L.L.C. (567,052 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 306,265,762
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

END

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RNS metadata

Title: Holding(s) in Company
Time: 12:03:00
Date: 20 Feb 2015
Category: Holding(s) in company
ID: 4900F