REG - Palace Capital PLC - Director Dealing

Palace CapitalAnnouncement

21/08/2023 07:00

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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 (mailto:info@palacecapitalplc.com)

Financial PR

FTI Consulting

Dido Laurimore/ Giles Barrie

Tel: +44 (0)20 3727 1000

palacecapital@fticonsulting.com (mailto:palacecapital@fticonsulting.com)

www.palacecapitalplc.com (http://www.palacecapitalplc.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  Exercise of option over Ordinary shares of 10p

       Identification code

                                                                   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                                          5,553

      - Price                                                      Nil
 e)   Date of the transaction                                      18 August 2023
 f)   Place of the transaction                                     Outside a trading venue

 

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