Palace Capital plc
("Palace Capital" or the "Company")
Director shareholding
Palace Capital, the property investment company that focuses on commercial property outside London, announces that, following the issue of the new ordinary shares in connection with the placing to raise £20.0 million, details of which were announced on 6 August 2015, Stanley Davis now has an interest in 6.07% of the Company's issued share capital. Mr Davis' shareholding in the Company remains at 1,565,287 ordinary shares and his change in percentage holding is as a result of dilution.
Date: 24th June 2015
For further information contact:
Palace Capital plc
Stanley Davis, Non-executive Chairman
Neil Sinclair, Chief Executive
Tel. 44 (0)20 3301 8331
Allenby Capital Limited (Nominated Adviser and Joint Broker)
Nick Naylor / James Reeve
Tel. 44 (0)20 3328 5656
Arden Partners plc (Joint Broker)
Chris Hardie / Ciaran Walsh
Tel. 44 (0)20 7614 5917
Broker Profile (Financial PR)
Simon Courtenay / Harry Rippon
Tel. 44 (0)20 7448 3244