Shareholder Information

Country of incorporation and main country of operations

The Company is incorporated in the Cayman Islands and the rights of shareholders may therefore be different from the rights of shareholders in a UK incorporated Company.

The Company has establised itself in the United Kingdom and all of its operations and those of its subsidiary companies are within the United Kingdom.

Admission document

The most recent admission document dated 16 December 2011.

Constitutional documents

Memorandum and articles of association

Audit committee terms of reference

Remuneration committee terms of reference

Nomination committee terms of reference

The Takeover Code

Paragon Entertainment Limited is not subject to the City Code on Takeovers and Mergers, notwithstanding that it is admitted to trading on AIM. There are no equivalent rules or regulations applicable to the Company under Cayman Companies Law or any other applicable laws of the Cayman Islands. Paragon’s ordinary shares are subject to the compulsory acquisition provisions set out in section 88 of Cayman Companies Law. Under those provisions, where an offeror makes a takeover offer and within four months of making the offer it has been approved by the holders of not less than 90 per cent. in value of the shares to which the offer relates, that offeror is entitled to acquire compulsorily from dissenting shareholders those shares that have not been acquired or contracted to be acquired on the same terms as under the offer.

AIM Securities in Issue

Issued Share Capital Number
ordinary shares of 0.1 pence per share 187,680,550

There are no shares held as treasury shares. 
There are no restrictions on the transfer of securities. 
The identity and percentage holdings of its significant shareholders are shown below:

(updated 18 July 2016) 

AIM Securities Not in Public Hands

The percentage of AIM securities not in public hands is 45.27%.

(updated 18 July 2016)

Significant Shareholders

(updated 1 February 2017)

Shareholder name Number of shares Percentage of Issue (%)
Livingbridge 35,864,537 19.1
Mark Colin Pyrah 22,542,321 12.0
Vesuvius Limited 12,500,000 6.7
WH Ireland 11,445,562 6.1
John Dobson 10,858,436 5.8
Mark Taylor 10,526,861 5.6
Peter Edward Holdsworth 9,122,388 4.9
Hargreaves Lansdown Asset Management 8,914,910 4.8
David Bridgford 6,965,662 3.7
TD Direct Investing 5,715,540 3.0