28th Aug 2014 16:35
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:
Schroders plc
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:
27 August 2014
6. Date on which issuer notified:
28 August 2014
7. Threshold(s) that is/are crossed or reached:
Above 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 | Below 5% | Below 5% |
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 | 1,612,900 | N/A | 1,612,900 | N/A | 8.034% |
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 |
- | - | - | - | - |
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 | |||||
- | - | - | - | - | - | - |
Total (A+B+C)
Number of voting rights | Percentage of voting rights |
1,612,900 | 8.034% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Schroder Investment Management Ltd 1,612,900 8.034%
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:
The shares referred to in 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 20,075,673.
14. Contact name:
Scott Dickenson
15. Contact telephone number:
020 7658 6000
Related Shares:
Palace CapitalSchroders