REG - Palace Capital PLC - Director Dealing

Palace CapitalAnnouncement

27/03/2020 10:10

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. 
 
 

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.
 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Richard Starr
 




2


Reason for the notification




a)


Position/status


Executive Director




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
 
Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06




b)


Nature of the transaction


Purchase of Shares




c)


Price(s) and volume(s)


Purchase
10,300 at 174.75p




d)


Aggregated information
- Aggregated volume
- Price


n/a




e)


Date of the transaction


25 March 2020




f)


Place of the transaction


London Stock Exchange, (XLON)



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Sharon Starr
 




2


Reason for the notification




a)


Position/status


Person closely associated with Executive Director




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
 
Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06




b)


Nature of the transaction


Purchase of Shares




c)


Price(s) and volume(s)


Purchase
11,111 at 180p




d)


Aggregated information
- Aggregated volume
- Price


n/a




e)


Date of the transaction


25 March 2020




f)


Place of the transaction


London Stock Exchange, (XLON)



 


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