Regulatory Story
Company Palace Capital PLC
Headline Director/PDMR Shareholding
Released 16:45 04-Oct-2019
Number 8869O

RNS Number : 8869O
Palace Capital PLC
04 October 2019

Palace Capital plc

 ("Palace Capital" or the "Company")

Director dealing

The Company was informed on 4 October 2019 that, on 1 October 2019, the Trustees of the Sinclair Goldsmith Executive Pension Scheme, of which Neil Sinclair is the sole beneficiary, transferred 39,310 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 290 pence per Ordinary Share to Neil Sinclair.

There has been no change to the beneficial interest as a result of this transaction. Neil Sinclair and persons closely associated are interested in 253,066 Ordinary Shares, representing approximately 0.55 per cent. of the Company's voting rights.

For further information, contact:

FTI Consulting (Financial PR)

Claire Turvey / Methuselah Tanyanyiwa  

Tel. +44 (0)20 3727 1000


About Palace Capital plc (

Palace Capital plc (LSE: PCA) is a Main Market listed property investment company that has a c. £280 million diversified portfolio of UK regional commercial property. The Company maintains a disciplined investment strategy focused on towns and cities outside of London that are characterised by thriving local economies and strengthening fundamentals. Within those locations, the highly experienced management team selects assets that provide opportunity to drive both capital value and long-term rental income through tailored active asset management programmes, ultimately delivering attractive shareholder returns.


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. 


Details of the person discharging managerial responsibilities / person closely associated



Neil Sinclair (Chief Executive Officer)


Reason for the notification



See 1 a) above



Initial notification /Amendment

Initial notification



Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor



Palace Capital plc






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



Description of the financial instrument, type of instrument


Identification code

Ordinary shares of 10p each in Palace Capital plc



Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06


Nature of the transaction

Transfer of shares


Price(s) and volume(s)


Price 290

Volume 39,310 ordinary shares




Aggregated information

- Aggregated volume

- Price

See 4 c) above


Date of the transaction

1 October 2019


Place of the transaction

Outside a trading venue


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.