PCA Palace Capital Plc

TIDMPCA

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     Share options  No. of shares   Total Palace   % of Palace 
                         prior to        exercised       for tax         shares       shares in issue 
                     the transactions                                     held 
 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        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          Exercise of option over Ordinary shares 
       financial instrument,       of 10p 
       type of instrument 
       Identification code         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          5,553 
       - Price                      Nil 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     18 August 2023 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------------- 
 

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END

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August 21, 2023 02:00 ET (06:00 GMT)

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