PALACE CAPITAL PLC

Director's Dealing • Apr 1, 2019

National Storage Mechanism | Additional information

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RNS Number : 5783U

Palace Capital PLC

01 April 2019

Palace Capital plc

("Palace Capital" or the "Company")

Director dealing

The Company was informed on Thursday that, on 15 March 2019, Stephen Silvester a director of the Company, sold 9,717 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 290 pence per Ordinary Share and then repurchased, into his ISA, 4,528 Ordinary Shares at a price of 290.3 pence per Ordinary Share to facilitate an ISA transfer. Additionally, Hanneke Silvester, wife of Finance Director Stephen Silvester, purchased 5,095 Ordinary Shares in the Company at a price of 290.3 pence per Ordinary Share into her ISA.

Stephen Silvester and persons closely associated are interested in 12,184 Ordinary Shares, representing 0.03 per cent. of the Company's voting rights. This figure includes 413 Ordinary Shares that were purchased through the reinvestment of dividends paid by the Company as detailed below.

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

Stephen Silvester (Finance Director)

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

Sale of shares

c)

Price(s) and volume(s)

Director/PDMR	Price(s)	Volume(s)
Stephen Silvester	290p	9,717

d)

Aggregated information

- Aggregated volume

- Price

See 4 c) above

e)

Date of the transaction

15 March 2019

f)

Place of the transaction

London Stock Exchange, (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephen Silvester (Finance Director)

Hanneke Silvester (Spouse of PDMR)

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

Purchase of shares

c)

Price(s) and volume(s)

Director/PDMR	Price(s)	Volume(s)
Stephen Silvester	290.3p	4,528
Hanneke Silvester	290.3p	5,095

d)

Aggregated information

- Aggregated volume

- Price

Price(s)	Volume(s)
290.3p	9,623

e)

Date of the transaction

15 March 2019

f)

Place of the transaction

London Stock Exchange, (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Hanneke Silvester (Spouse of PDMR)

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

Purchase of shares

c)

Price(s) and volume(s)

Prices	Volumes	Dates
366p	40	12.1.16
325p	58	11.8.16
364p	53	11.1.17
377p	57	11.1.18
330.5p	65	11.5.18
347p	32	13.8.18
334.5p	34	13.8.18
311.6p	37	13.11.18
313.6p	37	11.1.19

d)

Aggregated information

- Aggregated volume

- Price

413 shares

e)

Date of the transaction

See 4 c) above

f)

Place of the transaction

London Stock Exchange, (XLON)

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