PALACE CAPITAL PLC

Major Shareholding Notification • Jun 30, 2014

National Storage Mechanism | Additional information

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RNS Number : 8316K

Palace Capital PLC

30 June 2014

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 (delete as appropriate):

An event changing the breakdown of voting rights

Other: Placing acquisition and issue of new shares

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

Polar Capital LLP

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

n/a

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

26.06.2014

6. Date on which issuer notified:

27.06.2014

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

Below 16%

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	2,000,000	2,000,000

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	2,000,000	2,000,000		15.97%

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

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

Total (A+B+C)

Number of voting rights	Percentage of voting rights
2,000,000	15.97%

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:

Polar Capital LLP - Operations Department

14. Contact name:

Stephen Amoah

15. Contact telephone number:

+44 (0)207 227 2768

This information is provided by RNS

The company news service from the London Stock Exchange

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