REG - Palace Capital PLC - Holding in Company <Origin Href="QuoteRef">PCA.L</Origin>
RNS Number : 5021QPalace Capital PLC01 September 2014TR-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:
An event changing the breakdown of voting rights
3. Full name of person(s) subject to the notification obligation:
SFM UK Management LLP
4. Full name of shareholder(s) (if different from 3.):
Quantum Partners LP
5. Date of the transaction and date on which the threshold is crossed or reached:
28 August 2014
6. Date on which issuer notified:
01 September 2014
7. Threshold(s) that is/are crossed or reached:
10%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares
if possible using the ISIN CODESituation previous to the triggering transaction
Number of Shares
Number of Voting Rights
GB00BF5SGF06
1,850,000
1,850,000
Class/type of shares
if possible using the ISIN CODEResulting situation after the triggering transaction
Number of shares
Number of voting rights
% of voting rights
Direct
Direct
Indirect
Direct
Indirect
GB00BF5SGF06
1,998,355
1,998,355
0
9.95%
0
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrumentExpiration
dateExercise/
Conversion
PeriodNumber 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
instrumentExercise
priceExpiration
dateExercise/
Conversion
periodNumber of voting
rights instrument
refers to% of voting rights
Nominal
Delta
-
-
-
-
-
-
-
Total (A+B+C)
Number of voting rights
Percentage of voting rights
1,998,355
9.95%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
This statement relates to common shares held for the account of Quantum Partners LP, a Cayman Islands exempted limited partnership ("Quantum Partners"). SFM UK Management LLP, a sub-advisor to Soros Fund Management LLC, serves as investment manager to Quantum Partners and has been granted investment discretion over portfolio investments, including the common shares, held for the account of Quantum Partners.
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:
Jade Cornell
15. Contact telephone number:
020 7758 4800
This information is provided by RNSThe company news service from the London Stock ExchangeENDHOLBGGDCUBGBGSB
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