RNS Number : 9440B
Palace Capital PLC
07 April 2017
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 today that the Sinclair Goldsmith Executive Pension Scheme, of which Neil Sinclair, Chief Executive, is the sole beneficiary, has yesterday and today acquired a total of 10,000 ordinary shares of 10p each in the Company ("Ordinary Shares") for an average price of 365p per Ordinary Share.
Following this purchase, Mr Sinclair's notifiable interest is 183,767 Ordinary Shares, equivalent to 0.73 per cent. of the Company's voting rights. 176,576 of these Ordinary Shares are registered with the Sinclair Goldsmith Executive Pension Scheme as above, 4,500 are registered directly in his own name, 900 are registered with his wife, Pamela Sinclair, and 1,791 are registered with London Active Management Limited, a company controlled by Mr Sinclair and his wife.
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 |
Neil Sinclair |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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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 |
2138009JDFQOXJFCJQ05 |
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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 |
10,000 ordinary shares 365p average price |
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e) |
Date of the transaction |
06 and 07 April 2017 |
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f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
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-ends-
Date: 07 April 2017
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)
Scott Fulton / Jessica Bradford
Tel. 44 (0)20 3763 3400
This information is provided by RNS
The company news service from the London Stock Exchange
