Palace Capital PLC Director/PDMR Shareholding (9658J)
15 September 2016 - 9:39PM
UK Regulatory
TIDMPCA
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 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 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 Ordinary shares of 10p each
financial instrument, in Palace Capital plc
type of instrument
Identification code 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 n/a
- Aggregated volume
- Price
--- -------------------------- ---------------------------------
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 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 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 Ordinary shares of 10p each
financial instrument, in Palace Capital plc
type of instrument
Identification code 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 n/a
- Aggregated volume
- Price
--- -------------------------- ----------------------------------
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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