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

Palace CapitalAnnouncement

05/07/2017 09:30

RNS Number : 1713K
Palace Capital PLC
05 July 2017
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 (delete as appropriate):
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation:
SFM UK Management LLP, 
SFM Holdings Limited, 
Soros Fund Management LLC
4. Full name of shareholder(s) (if different from 3.):
Morgan Stanley & Co. LLC
5. Date of the transaction and date on which the threshold is crossed or reached:
27 June 2017
6. Date on which issuer notified:
03 July 2017
7. Threshold(s) that is/are crossed or reached:
Below 5%
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
1,831,219
1,831,219
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
N/A
N/A
1,095,219
N/A
4.35%
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
1,095,219
4.35%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Soros Fund Management LLC is a parent undertaking of SFM UK Holdings Limited which is a parent undertaking of SFM UK Management LLP.
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 RNS
The company news service from the London Stock Exchange
  END
HOLEAPXSEALXEEF