RNS Number : 5165W
Palace Capital PLC
18 August 2022
18 August 2022
Palace Capital PLC
("Palace Capital", the "Company" or the "Group")
Director Dealing
Palace Capital (LSE: PCA), the Main Market property investment company that owns a diversified portfolio of UK commercial real estate in carefully selected locations outside of London, announces that today, 18 August 2022, the Company granted options to the Chief Financial Officer of the Company under the Deferred Bonus Plan (the "DBP").
In accordance with the terms of the DBP, 35% of the bonus for the year ended 31st March 2022 has been allocated to Share Options based on the average share price over the last 5 dealing days of 285 pence per share, as follows:
|
Director/PDMR |
Share Options Allocated |
|
Matthew Simpson |
9,831 |
For further information, contact:
Palace Capital
Steven Owen, Interim Executive Chairman
Tel. 44 (0)20 3301 8330
Financial PR
FTI Consulting
Dido Laurimore/ Giles Barrie
Tel: 44 (0)20 3727 1000
palacecapital@fticonsulting.com
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
a. Matthew Simpson (Chief Financial Officer)
|
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
See 1 a) above |
|
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 |
Issue of nil cost share options
Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06 |
|
b) |
Nature of the transaction |
Issue of options |
|
c) |
Price(s) and volume(s) |
Issue of 9,831 nil cost share options
|
|
d) |
Aggregated information - Aggregated volume - Price |
9,831 Nil |
|
e) |
Date of the transaction |
18 August 2022 |
|
f) |
Place of the transaction |
Outside a trading venue |
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