RNS Number : 9658J
Palace Capital PLC
15 September 2016
Palace Capital plc
("Palace Capital" or the "Company")
Director/PDMR shareholding
Palace Capital plc, the property investment company focusing on property outside London, has been informed that Susan Dove, wife of Anthony Dove, Non-Executive Director, today transferred the beneficial interest in 30,500 ordinary shares of 10p each in the Company ("Ordinary Shares") to Anthony Dove for zero consideration in an off-market transaction. These shares are registered in the name of Lawshare Nominees Ltd.
Following this transfer, Mr Dove's notifiable interest remains at 80,000 Ordinary Shares, equivalent to 0.31 per cent. of the Company's voting rights. Mr Dove has the beneficial interest in 56,242 of these Ordinary Shares and his wife, Susan Dove, has the beneficial interest in 23,758 Ordinary Shares. All of the 80,000 Ordinary Shares in which Mr Dove has a notifiable interest are registered in the name of Lawshare Nominees Ltd.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Anthony Dove |
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2 |
Reason for the notification |
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a) |
Position/status |
Non-Executive Director |
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Palace Capital plc |
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b) |
LEI |
n/a |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 10p each in Palace Capital plc
Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06 |
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b) |
Nature of the transaction |
Purchase of shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
n/a |
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e) |
Date of the transaction |
15 September 2016 |
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f) |
Place of the transaction |
Outside a trading venue |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Susan Dove |
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2 |
Reason for the notification |
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a) |
Position/status |
Person closely associated with Anthony Dove, Non-Executive Director |
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Palace Capital plc |
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b) |
LEI |
n/a |
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4
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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 each in Palace Capital plc
Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06 |
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b) |
Nature of the transaction |
Sale of shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
n/a |
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e) |
Date of the transaction |
15 September 2016 |
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f) |
Place of the transaction |
Outside a trading venue |
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-ends-
Date: 15 September 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)
Simon Courtenay / Jessica Bradford
Tel. 44 (0)20 3763 3400
This information is provided by RNS
The company news service from the London Stock Exchange
