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Company Palace Capital PLC
TIDM PCA
Headline Director/PDMR Shareholding
Released 16:45 04-Oct-2019
Number 8869O16

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

palacecapital@fticonsulting.com  

Tel. +44 (0)20 3727 1000

 

About Palace Capital plc (www.palacecapitalplc.com):

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. 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Neil Sinclair (Chief Executive 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

 

Identification code

Ordinary shares of 10p each in Palace Capital plc

 

 

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

b)

Nature of the transaction

Transfer of shares

c)

Price(s) and volume(s)

 

Price 290

Volume 39,310 ordinary shares

 

 

d)

Aggregated information

- Aggregated volume

- Price

See 4 c) above

e)

Date of the transaction

1 October 2019

f)

Place of the transaction

Outside a trading venue

 


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