29 August 2023
Palace Capital PLC
("Palace Capital" or the "Company")
Transaction in own shares
The Company announces that it has purchased the following number of its ordinary shares of 10 pence each in the capital of the Company (the "Shares") through Numis Securities Limited in line with the extension of the share buyback Programme announced on 8 August 2023.
Date of purchase: 25 August 2023
Number of Shares purchased: 300,000 (one hundred thousand) Shares
Highest price paid per Share: 248.0 pence / Lowest price paid per Share: 248.0 pence
Average price paid per Share: 248.0 pence
The Company intends to hold these Shares in Treasury. Including Shares which have been purchased but not yet settled, the Company holds 8,512,715 Shares in Treasury.
Following the above purchase, the total number of Shares in issue is 37,875,800 (excluding Shares held in Treasury). This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
For further information please contact:
Palace Capital plc
Steven Owen, Executive Chairman / Matthew Simpson Chief Financial Officer
Dido Laurimore/ Giles Barrie
Tel: 44 (0)20 3727 1000