12 July 2022
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. Following the announcement of the share buyback Programme on 4 July 2022, the purchase concludes this Programme.
Date of purchase: 11 July 2022
Number of Shares purchased: 2,300,000 (two million, three hundred thousand) Shares
Highest price paid per Share: 260 pence / Lowest price paid per Share: 260 pence
Average price paid per Share: 260 pence
The Company intends to hold these Shares in Treasury. Including Shares which have been purchased but not yet settled, the Company holds 2,359,587 Shares in Treasury.
Following the above purchase, the total number of Shares in issue is 44,028,928 (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
Tel. +44 (0)20 3301 8330
Heraclis Economides / Oliver Hardy
Tel: +44 (0)20 7260 1000
Arden Partners plc
Corporate Finance: John Llewellyn-Lloyd/ Elliot Mustoe
Corporate Broking: James Reed-Daunter
Tel: +44 (0)207 614 5900
Dido Laurimore/ Giles Barrie
Tel: +44 (0)20 3727 1000