REG - Palace Capital PLC - Transaction in Own Shares and Total Voting Rights

Palace CapitalAnnouncement

24/04/2026 07:00

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RNS Number : 7231B  Palace Capital PLC  24 April 2026

24 April 2026

Palace Capital plc

 ("Palace Capital" or the "Company")

 

Transaction in Own Shares

and

Total Voting Rights

 

The Board of Directors (the "Board") of Palace Capital announces that, further
to the announcement published at 07:00 on 23 April 2026 (the "Further Buyback
Announcement"), on 23 April 2026 it purchased 300,000 ordinary shares of 10
pence each in the Company ("Ordinary Shares") in the market at a volume
weighted average price of 169.75 pence per Ordinary Share through Cavendish
Capital Markets Limited ("Cavendish"). The Ordinary Shares acquired will be
held in treasury.

 

 Date of Purchase:                                      23 April 2026
 Aggregate Number of Shares Purchased:                  300,000
 Lowest Price Paid per Share (pence):                   169.75
 Highest Price Paid per Share (pence):                  169.75
 Volume-Weighted Average Price Paid per Share (pence):  169.75

 

Further to the above transaction, the Company advises that it has 20,224,775
Ordinary Shares of 10 pence each in issue, with 700,000 Ordinary Shares held
in treasury (which will shortly be cancelled). Consequently, the total voting
rights of the Company is 19,524,775.

This figure of 19,524,775 may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the Company under the
FCA's Disclosure Guidance and Transparency Rules.

The share buyback programme, as announced in the Further Buyback Announcement,
has now completed. 1  (#_ftn1)

 

Enquiries:

 

Palace Capital plc

Christian Kappelhoff-Wulff, Non-Executive Chairman

ckw@palacecapitalplc.com

 

Financial PR

FTI Consulting

Dido Laurimore / Andrew Davis

Tel: +44 (0)20 3727 1000

palacecapital@fticonsulting.com

 

Broker

Cavendish

Matt Lewis, Head of Corporate Broking

Tel: +44 (0)20 7397 1920

mlewis@cavendish.com

 1  (#_ftnref1) As a correction to the Further Buyback Announcement, the
Company confirms that the Authority (as defined in the Further Buyback
Announcement) under which the purchases referred to in this announcement were
made will expire on 9 October 2026 or, if earlier, at the conclusion of the
Company's next annual general meeting, at which a proposal (amongst others)
will be put to shareholders to renew the Company's ability to make market
purchases of its Ordinary Shares. All other details in the Further Buyback
Announcement were correct.

 

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