Director Dealing

RNS Number : 5165W

Palace Capital PLC

18 August 2022

 

18 August 2022

Palace Capital PLC

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

Director Dealing

Palace Capital (LSE: PCA), the Main Market property investment company that owns a diversified portfolio of UK commercial real estate in carefully selected locations outside of London, announces that today, 18 August 2022, the Company granted options to the Chief Financial Officer of the Company under the Deferred Bonus Plan (the "DBP").

In accordance with the terms of the DBP, 35% of the bonus for the year ended 31st March 2022 has been allocated to Share Options based on the average share price over the last 5 dealing days of 285 pence per share, as follows:

Director/PDMR	Share Options Allocated
Matthew Simpson	9,831

For further information, contact:

Palace Capital

Steven Owen, Interim Executive Chairman
Tel. [phone]

Financial PR 

FTI Consulting

Dido Laurimore/ Giles Barrie

Tel: [phone]

[e-mail]

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	a.  Matthew Simpson (Chief Financial Officer)
2	Reason for the notification
a)	Position/status	See 1 a) above
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	Issue of nil cost share options Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06
b)	Nature of the transaction	Issue of options
c)	Price(s) and volume(s)	Issue of 9,831 nil cost share options
d)	Aggregated information - Aggregated volume - Price	9,831 Nil
e)	Date of the transaction	18 August 2022
f)	Place of the transaction	Outside a trading venue

 

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