Palace Capital PLC
("Palace Capital" or the "Company")
Transaction in own shares
Palace Capital PLC announces that on 20 June 2016 it purchased 58,000 of its own ordinary shares of 10p each ("ordinary shares") at an average price of 360 pence per ordinary share. All of the purchased shares are to be held as treasury shares.
Following the transfer into treasury, Palace Capital has in issue (excluding the total of 149,587 ordinary shares now held in treasury) 25,650,692 ordinary shares.
The above figure of 25,650,692 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
Date: 21 June 2016
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)207 614 5917
Capital Access Group (Financial PR)
Tel. 44 (0)20 3763 3400