Holding(s) in Company

RNS Number : 0191R
Palace Capital PLC
21 October 2013
 

 21 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 event changing the breakdown of voting rights

 

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

SFM UK Management LLP

 

 

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

Quantum Partners LP

 

 

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

21 October 2013

 

 

6. Date on which issuer notified:

21 October 2013

 

 

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

 

14%

 

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

GB00B0NN1H91

N/A

N/A

 

 

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

GB00B0NN1H91

1,850,000

1,850,000

0

14.87%

0%

 

 

 

B: Qualifying Financial Instruments

 

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion
Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

N/A

N/A

N/A

N/A

N/A

 

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

 

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise
price

Expiration
date

Exercise/
Conversion
period

Number of voting
rights instrument
refers to

% of voting rights

Nominal

Delta

N/A

N/A

N/A

N/A

N/A

N/A

N/A

 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

 1,850,000

 14.87%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

 

This statement relates to common shares held for the account of Quantum Partners LP, a Cayman Islands exempted limited partnership ("Quantum Partners"). SFM UK Management LLP, a sub-advisor to Soros Fund Management LLC, serves as investment manager to Quantum Partners and has been granted investment discretion over portfolio investments, including the common shares held for the account of Quantum Partners.

 

Proxy Voting:

 

N/A

10. Name of the proxy holder:

 

N/A

 

11. Number of voting rights proxy holder will cease to hold:

 

N/A

 

 

12. Date on which proxy holder will cease to hold voting rights:

 

N/A

 

13. Additional information:

 

N/A

 

14. Contact name:

 

Jade Cornell

 

15. Contact telephone number:

 

020 7758 4826

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLEALEFASSDFFF
UK 100

Latest directors dealings