RNS announcement

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 Anthony Dove, Non-Executive Director of the Company, has today acquired 2,742 ordinary shares in the Company ("Ordinary Shares") at a price of 378p per share.  Following this purchase, Mr Dove now has a total beneficial interest in 78,000 Ordinary Shares, equivalent to 0.30% of the Company's total issued share capital. 23,742 of these Ordinary Shares are registered in the name of Anthony Dove and 54,258 Ordinary Shares are registered in the name of Mr Dove's wife, Susan Dove.

-ends-

Date: 30 November 2015

For further information contact:

Palace Capital plc

Neil Sinclair, Chief Executive

Stephen Silvester, Finance Director

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

Capital Access Group (Financial PR)

Simon Courtenay / Harry Rippon

Tel. 44 (0)20 3763 3400