Palace Capital PLC Holding(s) in Company (1170E)
May 04 2017 - 2:00AM
UK Regulatory
TIDMPCA TIDMSDR
RNS Number : 1170E
Palace Capital PLC
04 May 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
-------------------------------------------------------------------------------------------------------------
1. Identity of the issuer or Palace Capital plc
the underlying issuer
of existing shares to which
voting rights are
attached:
-------------------------------------------------------- ---------------------------------------------------
2 Reason for the notification (please tick the appropriate
box or boxes):
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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 Type 1 disclosure as per the Transparency ü
specify): Directive II Regulation
---------------------------------------------------- ---------------------------------------------- -------
3. Full name of person(s) Schroders plc
subject to the
notification obligation:
------------------------------------------------------ -----------------------------------------------------
4. Full name of shareholder(s) Schroders plc & Schroder Investment
(if different from 3.): Management Limited
------------------------------------------------------ -----------------------------------------------------
5. Date of the transaction 02.05.17
and date on
which the threshold is
crossed or
reached:
------------------------------------------------------ -----------------------------------------------------
6. Date on which issuer 03.05.17
notified:
------------------------------------------------------ -----------------------------------------------------
7. Threshold(s) that is/are From 12% - 11%
crossed or
reached:
------------------------------------------------------ -----------------------------------------------------
8. Notified details:
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A: Voting rights attached to shares
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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
Shares Voting rights
Rights
------------- -------------------------- ---------------- -------------- ----------------------- --------------------
Direct Direct Indirect Direct Indirect
------------- --------- ----------- ------------ -------------- --------- ------------ -------- ----------
Ordinary
GB00BF5SGF06 3,063,723 3,063,723 3,016,223 N/A 3,016,223 N/A 11.993%
-------------------------- ---------------- -------------- --------- ------------ -------- ----------
B: Qualifying Financial Instruments
--------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
--------------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument Period may be
acquired if
the
instrument
is
exercised/
converted.
----------------- ------------------------ ------------------ ----------------------------------- --------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments
--------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
--------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights
instrument period refers to
--------------- ----------- --------------- -------------- ------------------------- --------------------------------
Nominal Delta
--------------- ----------- --------------- -------------- ------------------------- -------------------- ----------
Total (A+B+C)
--------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------------------- -----------------------------------------------------------
3,016,223 11.993%
------------------------------------------------------------- -----------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
-------------------------------------------------------------------------------------------------
Schroder Investment Management Limited 3,016,223 11.993%
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:
------------------------------------------------------------- ----------------------------------
The shares referred to in
13. Additional information: section 9 are held in portfolios
managed by those firms on
a discretionary basis for
clients under investment
management agreements. This
disclosure has been calculated
based on issue share capital
amount 25,150,692.
------------------------------------------------------------- ----------------------------------
14. Contact name:
Shaheen Hussain
------------------------------------------------------------- ----------------------------------
15. Contact telephone number: 020 7658 7941
------------------------------------------------------------- ----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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