RNS Number : 8205J
Palace Capital PLC
21 August 2023
 

21 August 2023

 

 

Palace Capital PLC

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

 

Director Dealing

 

Palace Capital (LSE: PCA) announces the following transactions pursuant to the award under the Palace Capital Deferred Bonus Plan (DBP).

 

On 18 August 2023 the awards granted under the 2022 DBP became exercisable following satisfaction of the one-year service period. In accordance with the rules of the DBP, additional shares were added to each award equivalent to the dividends payable during the service period.

 

The Director exercised their award net of income tax and national insurance liabilities, retaining the balance of shares. Awards were satisfied using shares from the Palace Capital PLC Employee Benefit Trust.

 

Following the transaction, the Director, including persons closely associated with them, have the following interests in the Ordinary Shares of 10 pence of the Company:

 

Director/PDMR

Shares held prior to the transactions

Share options exercised

No. of shares  for tax

Total Palace shares held

% of Palace shares in issue

Matthew Simpson

15,531

10,479

4,926

21,084

0.06

 

 

PALACE CAPITAL PLC

Steven Owen, Executive Chairman / Matthew Simpson, Chief Financial Officer
info@palacecapitalplc.com

Financial PR 

FTI Consulting

Dido Laurimore/ Giles Barrie

Tel: +44 (0)20 3727 1000

palacecapital@fticonsulting.com

www.palacecapitalplc.com

 

 

 

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Matthew Simpson (Chief Financial Officer)

 

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

Exercise of option over Ordinary shares of 10p

 

Identification code (ISIN) for Palace Capital plc ordinary shares: GB00BF5SGF06

b)

Nature of the transaction

Exercise of options

c)

Price(s) and volume(s)

 Price: nil

5,553

d)

Aggregated information

- Aggregated volume

- Price

 

5,553

Nil

e)

Date of the transaction

18 August 2023

f)

Place of the transaction

Outside a trading venue

 

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