Source - RNS
RNS Number : 9658J
Palace Capital PLC
15 September 2016
 

Palace Capital plc

("Palace Capital" or the "Company")

 

Director/PDMR shareholding

 

Palace Capital plc, the property investment company focusing on property outside London, has been informed that Susan Dove, wife of Anthony Dove, Non-Executive Director, today transferred the beneficial interest in 30,500 ordinary shares of 10p each in the Company ("Ordinary Shares") to Anthony Dove for zero consideration in an off-market transaction.  These shares are registered in the name of Lawshare Nominees Ltd.

 

Following this transfer, Mr Dove's notifiable interest remains at 80,000 Ordinary Shares, equivalent to 0.31 per cent. of the Company's voting rights.  Mr Dove has the beneficial interest in 56,242 of these Ordinary Shares and his wife, Susan Dove, has the beneficial interest in 23,758 Ordinary Shares. All of the 80,000 Ordinary Shares in which Mr Dove has a notifiable interest are registered in the name of Lawshare Nominees Ltd.

 

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 /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

n/a

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)

 Price(s)

Volume(s)

0p

30,500

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

15 September 2016

f)

Place of the transaction

Outside a trading venue

 

 

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, Non-Executive Director

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

n/a

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)

 Price(s)

Volume(s)

0p

30,500

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

15 September 2016

f)

Place of the transaction

Outside a trading venue

 

-ends-

Date: 15 September 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)207 614 5917

 

Capital Access Group (Financial PR)

Simon Courtenay / Jessica Bradford

Tel. +44 (0)20 3763 3400


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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