REG - Palace Capital PLC - Director Dealing

Palace CapitalAnnouncement

18/08/2022 15:00

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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 (mailto: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  Issue of nil cost share options

       Identification code

                                                                   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                                          9,831

      - Price                                                      Nil
 e)   Date of the transaction                                      18 August 2022
 f)   Place of the transaction                                     Outside a trading venue

 

 

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