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PCA Palace Capital News Story

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REG - Palace Capital PLC - Holding in Company <Origin Href="QuoteRef">PCA.L</Origin>

RNS Number : 2520Q
Palace Capital PLC
28 August 2014

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Palace Capital plc

2 Reason for the notification:

Placing and change to shares in Issue

3. Full name of person(s) subject to the notification obligation:

Polar Capital European Forager Fund Limited

4. Full name of shareholder(s) (if different from 3.):

5. Date of the transaction and date on which the threshold is crossed or reached:

27 August 2014

6. Date on which issuer notified:

28 August 2014

7. Threshold(s) that is/are crossed or reached:

<15%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares


if possible using the ISIN CODE

Situation previous to the triggering transaction

Number of Shares

Number of Voting Rights

GB00BF5SGF06

2,000,000

15.97%

Class/type of shares


if possible using the ISIN CODE

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

GB00BF5SGF06


2,998,000


14.93%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion
Period

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

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise
price

Expiration
date

Exercise/
Conversion
period

Number of voting
rights instrument
refers to

% of voting rights

Nominal

Delta

-

-

-

-

-

-

-

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,998,000

14.93%

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

Proxy Voting:

10. Name of the 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:

14. Contact name:

Polar Capital LLP - Operations Department

15. Contact telephone number:

+44 (0)207 227 2700


This information is provided by RNS
The company news service from the London Stock Exchange
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