REG - Palace Capital PLC - Director Dealing

Palace CapitalAnnouncement

01/04/2019 07:05

RNS Number : 5783U
Palace Capital PLC
01 April 2019
 


Palace Capital plc
 ("Palace Capital" or the "Company")
Director dealing
The Company was informed on Thursday that, on 15 March 2019, Stephen Silvester a director of the Company, sold 9,717 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 290 pence per Ordinary Share and then repurchased, into his ISA, 4,528 Ordinary Shares at a price of 290.3 pence per Ordinary Share to facilitate an ISA transfer. Additionally, Hanneke Silvester, wife of Finance Director Stephen Silvester, purchased 5,095 Ordinary Shares in the Company at a price of 290.3 pence per Ordinary Share into her ISA.
Stephen Silvester and persons closely associated are interested in 12,184 Ordinary Shares, representing 0.03 per cent. of the Company's voting rights. This figure includes 413 Ordinary Shares that were purchased through the reinvestment of dividends paid by the Company as detailed below.
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


Stephen Silvester (Finance Director)




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


Ordinary shares of 10p each in Palace Capital plc
 
 
Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06




b)


Nature of the transaction


Sale of shares




c)


Price(s) and volume(s)





Director/PDMR


 Price(s)


Volume(s)




Stephen Silvester


290p


9,717



 




d)


Aggregated information
- Aggregated volume
- Price


See 4 c) above




e)


Date of the transaction


15 March 2019




f)


Place of the transaction


London Stock Exchange, (XLON)



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Stephen Silvester (Finance Director)
Hanneke Silvester (Spouse of PDMR)




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


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)





Director/PDMR


 Price(s)


Volume(s)




Stephen Silvester


290.3p


4,528




Hanneke Silvester


290.3p


5,095



 




d)


Aggregated information
- Aggregated volume
- Price





 Price(s)


Volume(s)




290.3p


9,623








e)


Date of the transaction


15 March 2019




f)


Place of the transaction


London Stock Exchange, (XLON)



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Hanneke Silvester (Spouse of PDMR)




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


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)





 Prices


Volumes


Dates




366p


40


12.1.16




325p


58


11.8.16




364p


53


11.1.17




377p


57


11.1.18




330.5p


65


11.5.18




347p


32


13.8.18




334.5p


34


13.8.18




311.6p


37


13.11.18




313.6p


37


11.1.19



 




d)


Aggregated information
- Aggregated volume
- Price


 
413 shares




e)


Date of the transaction


See 4 c) above




f)


Place of the transaction


London Stock Exchange, (XLON)



 
 




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