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

Palace CapitalAnnouncement

04/12/2015 17:31

RNS Number : 1189I
Palace Capital PLC
04 December 2015
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:
reach4entertainment enterprises plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
X
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
X
Other (please specify):


3. Full name of person(s) subject to the
notification obligation:
Herald Investment Management Limited
4. Full name of shareholder(s)
(if different from 3.):
Discretionary investment management clients of Herald Investment Management Limited
5. Date of the transaction and date on
which the threshold is crossed or
reached:
3rd December 2015
6. Date on which issuer notified:
4th December 2015
7. Threshold(s) that is/are crossed or
reached:
10%, 11%, 12%, 13%, 14%


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
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of voting rights 
Indirect
Direct 
Indirect 
Direct
Indirect
GB00B1HLCW86
 
7,325,000
7,325,000
 
67,325,000

 
67,325,000
 
 
14.18%


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
None 



Nil

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
None 



Nominal
Delta
Nil


Total (A+B+C)
Number of voting rights
Percentage of voting rights
 
67,325,000
 
14.18%


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

Proxy Voting:
10. Name of the proxy holder:
 N/A
11. Number of voting rights proxy holder will ceaseto hold:
 N/A
12. Date on which proxy holder will cease to holdvoting rights:
 N/A


13. Additional information:


14. Contact name:
 Andrew Miller CFO
15. Contact telephone number:
 020 7553 6308

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