Less Ads, More Data, More Tools Register for FREE

Holding in Company

30 Jun 2014 07:00

RNS Number : 8316K
Palace Capital PLC
30 June 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 (delete as appropriate):

 

An event changing the breakdown of voting rights

 

Other: Placing acquisition and issue of new shares

 

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

 

Polar Capital LLP

 

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

 

n/a

 

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

 

26.06.2014

 

6. Date on which issuer notified:

 

27.06.2014

 

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

 

Below 16%

 

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

2,000,000

 

 

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

2,000,000

2,000,000

15.97%

 

 

 

B: Qualifying Financial Instruments

 

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/ConversionPeriod

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

 n/a

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

 

Resulting situation after the triggering transaction

Type of financialinstrument

Exerciseprice

Expirationdate

Exercise/Conversionperiod

Number of votingrights instrumentrefers to

% of voting rights

Nominal

Delta

n/a

 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

2,000,000

15.97%

 

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:

 

Polar Capital LLP - Operations Department

 

14. Contact name:

 

Stephen Amoah

 

15. Contact telephone number:

 

+44 (0)207 227 2768

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

Related Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Back to RNS