PALACE CAPITAL PLC

Director's Dealing • Mar 20, 2015

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RNS Number : 1018I

Palace Capital PLC

20 March 2015

Palace Capital plc

("Palace Capital" or the "Company")

Director's Dealing

The Board of Palace Capital was notified today that, on 20 March 2015, Richard Starr, an Executive Director of the Company, sold 32,258 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 360 pence per Ordinary Share.

The Company also received notification today that, on 20 March 2015, Richard Starr purchased, in his ISA, 17,225 Ordinary Shares at a price of 360.1 pence per Ordinary Share. At the same time Richard Starr's spouse, Sharron Starr, purchased, in her ISA, 15,003 Ordinary Shares at a price of 360.1 pence per Ordinary Share.

As a result of these transactions the combined holding of Richard Starr and his spouse, Sharon Starr, remains 82,258 Ordinary Shares, which represents approximately 0.41 per cent. of Palace Capital's current issued share capital.

Date:  20 March 2015

For further information contact:

Palace Capital Plc

Stanley Davis, Non-Executive Chairman

Neil Sinclair, Chief Executive

Tel. +44 (0)20 3301 8331

Allenby Capital Limited (Nominated Adviser and Joint Broker)

Nick Naylor / James Reeve

Tel. +44 (0)20 3328 5656

Arden Partners plc (Joint Broker)

Chris Hardie

Tel. +44 (0)207 614 5917

Broker Profile (Financial PR)

Simon Courtenay

Harry Rippon

Harriet Jackson

Tel. +44 (0)20 7448 3244

This information is provided by RNS

The company news service from the London Stock Exchange

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