Director Dealing

RNS Number : 8627H

Palace Capital PLC

27 March 2020

 

27 March 2020

Palace Capital PLC

("Palace Capital", the "Company" or the "Group")

Director Dealing

The Company was informed on the 25 March 2020 that Richard Starr, an executive director of the Company, bought 10,300 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of  174.75  pence per Ordinary Share.

The Company was also informed that Sharon Starr, the wife of Mr Starr, bought 11,111 Ordinary Shares at a price of 180 pence per Ordinary Share.

Following this transaction, Mr Starr and those closely associated to him are interested in 194,014 Ordinary Shares, representing 0.42 per cent. of the Company's voting rights.

For further information, contact:

Palace Capital PLC

Neil Sinclair, Chief Executive 
Stephen Silvester, Finance Director
Tel. [phone]

Broker

Numis Securities

Heraclis Economides / George Fry

Tel: [phone]

Broker

Arden Partners plc

Corporate Finance: Paul Shackleton / Ciaran Walsh / Daniel Gee-Summons

Corporate Broking: James Reed-Daunter

Tel: [phone]

Financial PR 

FTI Consulting

Claire Turvey / Methuselah Tanyanyiwa

Tel: [phone]

[e-mail]

About Palace Capital plc ( www.palacecapitalplc.com )

Palace Capital is a property investment company with a premium listing on the Main Market of the London Stock Exchange (Stock Code: PCA). The Company owns a diversified regional portfolio across the UK and has a reputation for being entrepreneurial and opportunistic. Palace Capital acquires properties where it can enhance the long-term income and capital value through asset management and strategic capital development in locations outside London.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Starr
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Palace Capital plc
b)	LEI	2138009JDFQOXJFCJQ05
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument  Identification code	Ordinary shares of 10p Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06
b)	Nature of the transaction	Purchase of Shares
c)	Price(s) and volume(s)	Purchase 10,300 at 174.75p
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	25 March 2020
f)	Place of the transaction	London Stock Exchange, (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sharon Starr
2	Reason for the notification
a)	Position/status	Person closely associated with Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Palace Capital plc
b)	LEI	2138009JDFQOXJFCJQ05
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument  Identification code	Ordinary shares of 10p Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06
b)	Nature of the transaction	Purchase of Shares
c)	Price(s) and volume(s)	Purchase 11,111 at 180p
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	25 March 2020
f)	Place of the transaction	London Stock Exchange, (XLON)

 

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