TIDMPCA

RNS Number : 1706Z

Palace Capital PLC

08 January 2020

08 January 2020

Palace Capital PLC

("Palace Capital", the "Company" or the "Group")

Director Dealing

The Company was informed yesterday that Mickola Wilson, a non-executive director of the Company, bought 10,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 325.80 pence per Ordinary Share.

Following this transaction, Mrs Wilson is interested in 10,000 Ordinary Shares, representing 0.02 per cent. of the Company's voting rights.

For further information, contact:

PALACE CAPITAL PLC

Neil Sinclair, Chief Executive

Stephen Silvester, Finance Director

Tel. +44 (0)20 3301 8331

Broker

Numis Securities

Heraclis Economides / Oliver Hardy

Tel: +44 (0)20 7260 1000

Broker

Arden Partners plc

Corporate Finance: Paul Shackleton / Ciaran Walsh / Daniel Gee-Summons

Corporate Broking: James Reed-Daunter

Tel: +44 (0)207 614 5900

Financial PR

FTI Consulting

Claire Turvey / Methuselah Tanyanyiwa

Tel: +44 (0)20 3727 1000

palacecapital@fticonsulting.com

About Palace Capital plc (www.palacecapitalplc.com)

Palace Capital is a property investment company with a premium listing on the Main Market of the London Stock Exchange (Stock Code: PCA). The Company owns a diversified regional portfolio across the UK and has a reputation for being entrepreneurial and opportunistic. Palace Capital acquires properties where it can enhance the long-term income and capital value through asset management and strategic capital development in locations outside London.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Mickola Wilson 
     --------------------------  ------------------------------------------- 
 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 the          Ordinary shares of 10p 
       financial instrument, 
       type of instrument          Identification code (ISIN) for Palace 
       Identification code         Capital plc ordinary shares: GB00BF5SGF06 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Purchase of Shares 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)      Purchase 
                                   10,000 at 325.80p 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information      n/a 
       - Aggregated volume 
       - Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     07 January 2020 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, (XLON) 
     --------------------------  -------------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHFLFSLLRITIII

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January 08, 2020 06:48 ET (11:48 GMT)

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