TIDMPCA

RNS Number : 7053Z

Palace Capital PLC

18 December 2017

Palace Capital plc

("Palace Capital" or the "Company")

Director/PDMR shareholding

The Board of Palace Capital was notified today that Anthony Dove, Non-Executive Director of the Company, has today purchased 3,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 329.8 pence per Ordinary Share. In addition, Susan Dove, wife of Anthony Dove and a person closely associated with him, has today purchased 3,000 Ordinary Shares at a price of 328.5 pence per Ordinary Share. As a result of these purchases, Mr Dove's interest in the Company is 91,000 Ordinary Shares, which represents approximately 0.20 per cent. of the voting rights over the Company's share capital. 26,758 of these Ordinary Shares are owned by Susan Dove.

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                       Anthony Dove 
---  -------------------------  --------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status            Non-Executive Director 
---  -------------------------  --------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  --------------------------------- 
 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             Ordinary shares of 10p each 
       the financial              in Palace Capital plc 
       instrument, type 
       of instrument              Identification code (ISIN) 
       Identification             for Palace Capital plc ordinary 
       code                       shares: GB00BF5SGF06 
---  -------------------------  --------------------------------- 
 b)   Nature of the              Purchase of shares 
       transaction 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    329.8p     3,000 
                                   ---------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information     N/A 
       - Aggregated volume 
       - Price 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    18 December 2017 
---  -------------------------  --------------------------------- 
 f)   Place of the transaction   London Stock Exchange, AIM 
                                  (XLON) 
---  -------------------------  --------------------------------- 
 
 
  1   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                       Susan Dove 
---  -------------------------  --------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status            Person closely associated 
                                  with Anthony Dove 
---  -------------------------  --------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  --------------------------------- 
 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             Ordinary shares of 10p each 
       the financial              in Palace Capital plc 
       instrument, type 
       of instrument              Identification code (ISIN) 
       Identification             for Palace Capital plc ordinary 
       code                       shares: GB00BF5SGF06 
---  -------------------------  --------------------------------- 
 b)   Nature of the              Purchase of shares 
       transaction 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    328.5p     3,000 
                                   ---------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information     N/A 
       - Aggregated volume 
       - Price 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    18 December 2017 
---  -------------------------  --------------------------------- 
 f)   Place of the transaction   London Stock Exchange, AIM 
                                  (XLON) 
---  -------------------------  ---------------------------------

Date: 18 December 2017

For further information, contact:

Palace Capital plc

Neil Sinclair, Chief Executive

Stephen Silvester, Finance Director

Tel. +44 (0)20 3301 8331

Allenby Capital Limited (Nominated Adviser and Joint Broker)

Nick Naylor / James Reeve / Asha Chotai

Tel. +44 (0)20 3328 5656

Arden Partners plc (Joint Broker)

Chris Hardie / Ciaran Walsh

Tel. +44 (0)207 614 5917

Capital Access Group (Financial PR)

Scott Fulton

Tel. +44 (0)20 3763 3400

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

Palace Capital is a UK property investment company admitted to trading on AIM, a market operated by the London Stock Exchange (LSE: PCA). The Company is not sector specific and looks for opportunities where it can enhance the long-term income and capital value through asset management and strategic capital development in locations outside London. In its last reported financial year, Palace Capital produced a 20.0% increase in adjusted profit before tax, a 7.0% uplift in EPRA NAV per share and a 16.0% increase in dividends.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLLFIDFVLTLID

(END) Dow Jones Newswires

December 18, 2017 12:07 ET (17:07 GMT)

Palace Capital (LSE:PCA)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Palace Capital Charts.
Palace Capital (LSE:PCA)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Palace Capital Charts.