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:
Bank of America Corporation
4. Full name of shareholder(s) (if different from 3.):
Merrill Lynch International
5. Date of the transaction and date on which the threshold is crossed or reached:
19th March 2014
6. Date on which issuer notified:
21st March 2014
7. Threshold(s) that is/are crossed or reached:
Below 6%, 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 |
750,000 |
750,000 |
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 |
Below notifiable threshold |
Below notifiable threshold |
0 |
Below notifiable threshold |
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 |
|
|
|
|
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 |
Below notifiable threshold |
Below notifiable threshold |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Merrill Lynch International - Below notifiable threshold
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:
Kim Oakley
15. Contact telephone number:
0207 996 0275
