Palace Capital PLC Holding(s) in Company (2735B)

TIDMPCA

RNS Number : 2735B

Palace Capital PLC

03 April 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                              PALACE CAPITAL PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
------------------------------------------------------  ------------------------ 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
-------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                      ü 
-------------------------------------------------------  ----------------------- 
 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 
-------------------------------------------------------  ----------------------- 
 Other (please 
  specify): 
-----------------------------------------------------    ----------------------- 
 3. Full name of person(s)                               HARGREAVE HALE LIMITED 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  ------------------------ 
 4. Full name of shareholder(s)                           DISCRETIONARY CLIENTS 
  (if different from 3.):(iv) 
------------------------------------------------------  ------------------------ 
 5. Date of the transaction                                   30 MARCH 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ------------------------ 
 6. Date on which issuer                                      31 MARCH 2017 
  notified: 
------------------------------------------------------  ------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                               5% 
------------------------------------------------------  ------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                Resulting situation after the 
  of              to the triggering                 triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------------  ----------------------------------------------------------------------- 
                 Number           Number           Number                     Number of                 % of voting 
                  of               of               of shares                  voting                    rights (x) 
                  Shares           Voting                                      rights 
                                   Rights 
--------------  ---------------  ---------------  -------------------------  ------------------------  ------------------ 
                                                   Direct       Indirect      Direct      Indirect      Direct   Indirect 
                                                                               (xi)        (xii) 
--------------      -----------      -----------  -----------  ------------  ----------  ------------  -------  --------- 
 
  GB00BF5SGF06 
 
  and 
 
  GB00BWVG1852   1,293,870        1,293,870                     1,043,870                 1,043,870              4.1505% 
                ---------------  ---------------  -----------  ------------  ----------  ------------  -------  --------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration       Exercise/                   Number of voting                      % of voting 
  instrument          date             Conversion                  rights that                           rights 
                      (xiii)           Period (xiv)                may be 
                                                                   acquired if 
                                                                   the 
                                                                   instrument 
                                                                   is 
                                                                   exercised/ 
                                                                   converted. 
------------------  ---------------  --------------------------  ------------------------------------  ------------------ 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of           Exercise         Expiration     Exercise/    Number of voting            % of voting 
 financial          price            date          Conversion    rights instrument           rights (xix, 
 instrument                          (xvii)        period        refers to                   xx) 
                                                   (xviii) 
----------------  ---------------  -------------  -----------  --------------------------  ------------------------------ 
                                                                                            Nominal              Delta 
----------------  ---------------  -------------  -----------  --------------------------  -------------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ---------------------------------------------------------- 
 1,043,870                                                      4.1505% 
-------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------- 
 All of these shares are held for unit trusts operated 
  by Marlborough Fund Managers Ltd, for whom Hargreave 
  Hale Ltd manages the investments on a discretionary 
  basis. 
 
 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:                                              David Clueit 
                                                                Hargreave Hale Ltd 
-------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  01253 754739 
-------------------------------------------------------------  -------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 03, 2017 02:01 ET (06:01 GMT)