RNS Number : 7053Z
Palace Capital PLC
18 December 2017
Palace Capital plc
("Palace Capital" or the "Company")
Director/PDMR shareholding
The Board of Palace Capital was notified today that Anthony Dove, Non-Executive Director of the Company, has today purchased 3,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 329.8 pence per Ordinary Share. In addition, Susan Dove, wife of Anthony Dove and a person closely associated with him, has today purchased 3,000 Ordinary Shares at a price of 328.5 pence per Ordinary Share. As a result of these purchases, Mr Dove's interest in the Company is 91,000 Ordinary Shares, which represents approximately 0.20 per cent. of the voting rights over the Company's share capital. 26,758 of these Ordinary Shares are owned by Susan Dove.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Anthony Dove |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Non-Executive Director |
||||
|
b)
|
Initial notification /Amendment |
Initial notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Palace Capital plc |
||||
|
b) |
LEI |
2138009JDFQOXJFCJQ05 |
||||
|
4
|
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
|
||||
|
b) |
Nature of the transaction |
Purchase of shares
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction |
18 December 2017 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Susan Dove |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Person closely associated with Anthony Dove |
||||
|
b)
|
Initial notification /Amendment |
Initial notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Palace Capital plc |
||||
|
b) |
LEI |
2138009JDFQOXJFCJQ05 |
||||
|
4
|
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
|
||||
|
b) |
Nature of the transaction |
Purchase of shares
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction |
18 December 2017 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
||||
Date: 18 December 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 / Asha Chotai
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
Tel. 44 (0)20 3763 3400
About Palace Capital plc (www.palacecapitalplc.com):
Palace Capital is a UK property investment company admitted to trading on AIM, a market operated by the London Stock Exchange (LSE: PCA). The Company is not sector specific and looks for opportunities where it can enhance the long-term income and capital value through asset management and strategic capital development in locations outside London. In its last reported financial year, Palace Capital produced a 20.0% increase in adjusted profit before tax, a 7.0% uplift in EPRA NAV per share and a 16.0% increase in dividends.
This information is provided by RNS
The company news service from the London Stock Exchange
