PALACE CAPITAL PLC — Major Shareholding Notification 2016

Feb 2, 2016

National Storage Mechanism | Additional information

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RNS Number : 7032N

Palace Capital PLC

02 February 2016

PALACE CAPITAL PLC

("Palace Capital" or the "Company")

Director shareholding

Palace Capital plc, the property investment company focussing on property outside London, has been informed by Anthony Dove, Non-Executive Director, that, as a result of a change of his personal broker the 54,258 ordinary shares in the Company currently registered in his name and the 23,742 ordinary shares in the Company currently registered in his wife, Susan Dove's name will be re-registered in the name of Lawshare Nominees Ltd. There will be no change to Mr Dove's beneficial interest in the Company's share capital as a result of this transaction, which will remain as 78,000 ordinary shares, equivalent to 0.30% of the Company's total issued share capital.

-ends-

Date: 02 February 2016

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

Tel. +44 (0)20 3328 5656

Arden Partners plc (Joint Broker)

Chris Hardie / Ciaran Walsh

Tel. +44 (0)20 7614 5917

Capital Access Group (Financial PR)

Simon Courtenay / Harry Rippon

Tel. +44 (0)20 3763 3400

This information is provided by RNS

The company news service from the London Stock Exchange

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