REG - Palace Capital PLC - Transaction in Own Shares

Palace CapitalAnnouncement

16/07/2024 07:00

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RNS Number : 4911W  Palace Capital PLC  16 July 2024

16 July 2024

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 "Ordinary
Shares") through Numis Securities Limited ("Deutsche Numis") in line with the
tender offer announced on 13 June 2024 (the "Tender Offer"). The below
purchase concludes the Tender Offer purchases. Following the over subscription
for the Tender Offer, Qualifying Shareholders who applied for more than their
Guaranteed Entitlement were scaled down to 2.7977% above the Guaranteed
Entitlement that such Qualifying Shareholders tendered.

Date of purchase:  16 July 2024

Number of Ordinary Shares purchased:  8,667,760 (eight million, six hundred
and sixty seven, seven hundred and sixty) Ordinary Shares

Highest price paid per Ordinary Share:  250.0 pence / Lowest price paid per
Ordinary Share:  250.0 pence

Average price paid per Ordinary Share: 250.0 pence

The Company has cancelled these Ordinary Shares. No shares are held in
treasury.

Following the above purchase, the total number of shares in issue is
28,892,535 ordinary shares of 10 pence each in the capital of the Company (and
no shares are 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, Executive Chairman  info@placecapitalplc.com

 FTI Consulting                   Tel: 0203 727 1000

 Financial PR

 Dido Laurimore, Giles Barrie

 Deutsche Numis                   Tel: 0207 260 1200

 Broker

 Oliver Hardy

 Heraclis Economides

 

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