Holding(s) in Company

RNS Number : 0506D

Palace Capital PLC

26 January 2015

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:

Slater Investments Ltd

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:

22 January 2015

6. Date on which issuer notified:

23 January 2015

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

Above 3%

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

587,500

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	190,000	190,000	412,500	0.95%	2.05%

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

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