REG - Palace Capital PLC - Transaction in Own Shares

Palace CapitalAnnouncement

07/07/2023 07:00

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RNS Number : 2705F  Palace Capital PLC  07 July 2023

7 July 2023

Palace Capital PLC

("Palace Capital" or the "Company")

Transaction in own shares

The Company announces that it has purchased the following number of its
ordinary shares of 10 pence each in the capital of the Company (the "Shares")
through Numis Securities Limited in line with the announcement of the share
buyback Programme on 6 February 2023, the extension to the Programme announced
on 15 June 2023 (which is now concluded) and the further extension announced
on 3 July 2023.

Date of purchase:  6 July 2023

Number of Shares purchased:  300,000 (three hundred thousand) Shares

Highest price paid per Share:  228.0 pence / Lowest price paid per Share:
228.0 pence

Average price paid per Share: 228.0 pence

The Company intends to hold these Shares in Treasury. Including Shares which
have been purchased but not yet settled, the Company holds 4,473,220 Shares in
Treasury.

Following the above purchase, the total number of Shares in issue is
41,915,295 (excluding Shares held in Treasury). This number represents the
total voting rights in the Company and may be used by shareholders as the
denominator for the calculations by which they can determine if they are
required to notify their interest in, or a change to their interest in the
Company under the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.

For further information please contact:

Palace Capital plc

Steven Owen, Interim 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)

 

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