RNS Number : 8205J
Palace Capital PLC
21 August 2023
21 August 2023
Palace Capital PLC
("Palace Capital", the "Company" or the "Group")
Director Dealing
Palace Capital (LSE: PCA) announces the following transactions pursuant to the award under the Palace Capital Deferred Bonus Plan (DBP).
On 18 August 2023 the awards granted under the 2022 DBP became exercisable following satisfaction of the one-year service period. In accordance with the rules of the DBP, additional shares were added to each award equivalent to the dividends payable during the service period.
The Director exercised their award net of income tax and national insurance liabilities, retaining the balance of shares. Awards were satisfied using shares from the Palace Capital PLC Employee Benefit Trust.
Following the transaction, the Director, including persons closely associated with them, have the following interests in the Ordinary Shares of 10 pence of the Company:
|
Director/PDMR |
Shares held prior to the transactions |
Share options exercised |
No. of shares for tax |
Total Palace shares held |
% of Palace shares in issue |
|
Matthew Simpson |
15,531 |
10,479 |
4,926 |
21,084 |
0.06 |
PALACE CAPITAL PLC
Steven Owen, Executive Chairman / Matthew Simpson, Chief Financial Officer
info@palacecapitalplc.com
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 |
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 |
Exercise of option over Ordinary shares of 10p
Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06 |
|
b) |
Nature of the transaction |
Exercise of options |
|
c) |
Price(s) and volume(s) |
Price: nil 5,553 |
|
d) |
Aggregated information - Aggregated volume - Price |
5,553 Nil |
|
e) |
Date of the transaction |
18 August 2023 |
|
f) |
Place of the transaction |
Outside a trading venue |
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