RNS Number : 8627H
Palace Capital PLC
27 March 2020
27 March 2020
Palace Capital PLC
("Palace Capital", the "Company" or the "Group")
Director Dealing
The Company was informed on the 25 March 2020 that Richard Starr, an executive director of the Company, bought 10,300 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 174.75 pence per Ordinary Share.
The Company was also informed that Sharon Starr, the wife of Mr Starr, bought 11,111 Ordinary Shares at a price of 180 pence per Ordinary Share.
Following this transaction, Mr Starr and those closely associated to him are interested in 194,014 Ordinary Shares, representing 0.42 per cent. of the Company's voting rights.
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For further information, contact:
Palace Capital PLC
Neil Sinclair, Chief Executive
Stephen Silvester, Finance Director
Tel. 44 (0)20 3301 8331
Broker
Numis Securities
Heraclis Economides / George Fry
Tel: 44 (0)20 7260 1000
Broker
Arden Partners plc
Corporate Finance: Paul Shackleton / Ciaran Walsh / Daniel Gee-Summons
Corporate Broking: James Reed-Daunter
Tel: 44 (0)207 614 5900
Financial PR
FTI Consulting
Claire Turvey / Methuselah Tanyanyiwa
Tel: 44 (0)20 3727 1000
palacecapital@fticonsulting.com
About Palace Capital plc (www.palacecapitalplc.com)
Palace Capital is a property investment company with a premium listing on the Main Market of the London Stock Exchange (Stock Code: PCA). The Company owns a diversified regional portfolio across the UK and has a reputation for being entrepreneurial and opportunistic. Palace Capital acquires properties where it can enhance the long-term income and capital value through asset management and strategic capital development in locations outside London.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Richard Starr
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2 |
Reason for the notification |
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a) |
Position/status |
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 |
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
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) |
Purchase 10,300 at 174.75p |
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d) |
Aggregated information - Aggregated volume - Price |
n/a |
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e) |
Date of the transaction |
25 March 2020 |
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f) |
Place of the transaction |
London Stock Exchange, (XLON) |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Sharon Starr
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2 |
Reason for the notification |
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a) |
Position/status |
Person closely associated with 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 |
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
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) |
Purchase 11,111 at 180p |
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d) |
Aggregated information - Aggregated volume - Price |
n/a |
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e) |
Date of the transaction |
25 March 2020 |
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f) |
Place of the transaction |
London Stock Exchange, (XLON) |
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