RNS Number : 1376R
Palace Capital PLC
22 October 2013
22 October 2013
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:
An acquisition or disposal of voting rights
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:
21st October 2013
6. Date on which issuer notified:
22nd October 2013
7. Threshold(s) that is/are crossed or reached:
>16%
8. Notified details:
A: Voting rights attached to shares
| Class/type of shares
| Situation previous to the triggering transaction | |
| Number of Shares | Number of Voting Rights | |
| GB00BF5SGF06 | 0 | 0 |
| Class/type of shares
| 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 | 0 | 16.08% | 0.00% |
B: Qualifying Financial Instruments
| Resulting situation after the triggering transaction | ||||
| Type of financial | Expiration | Exercise/ | Number of voting | % of voting |
| | | | | |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
| Resulting situation after the triggering transaction | ||||||
| Type of financial | Exercise | Expiration | Exercise/ | Number of voting | % of voting rights | |
| Nominal | Delta | |||||
| | | | | | | |
Total (A B C)
| Number of voting rights | Percentage of voting rights |
| 2,000,000 | 16.08 |
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
