Palace Capital PLC Transaction in Own Shares (3488D)
June 21 2023 - 2:00AM
UK Regulatory
TIDMPCA
RNS Number : 3488D
Palace Capital PLC
21 June 2023
21 June 2023
Palace Capital PLC
("Palace Capital" or the "Company")
Transaction in own shares
The Company announces that it has purchased the following number
of its ordinary shares of 10 pence each in the capital of the
Company (the "Shares") through Numis Securities Limited in line
with the announcement of the share buyback Programme on 6 February
2023. This purchase concludes the first tranche of 1,000,000 shares
and the commencement of the second tranche as per the extension to
the Programme announced on 15 June 2023.
Date of purchase: 20 June 2023
Number of Shares purchased: 215,000 (two hundred and fifteen
thousand) Shares
Highest price paid per Share: 234 pence / Lowest price paid per
Share: 234 pence
Average price paid per Share: 234 pence
The Company intends to hold these Shares in Treasury. Including
Shares which have been purchased but not yet settled, the Company
holds 3,388,220 Shares in Treasury.
Following the above purchase, the total number of Shares in
issue is 43,000,295 (excluding Shares held in Treasury). This
number represents the total voting rights in the Company and may be
used by shareholders as the denominator for the calculations by
which they can determine if they are required to notify their
interest in, or a change to their interest in the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules.
For further information please contact:
Palace Capital plc
Steven Owen, Interim 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
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END
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