Palace Capital : Director/PDMR Shareholding

Palace Capital plc

('Palace Capital' or the 'Company')

Director dealing

The Company was informed today that on 23 October 2020 Stephen Silvester, Finance Director of the Company, sold 4,655 ordinary shares of 10 pence each in the Company ('Ordinary Shares') at a price of 186.67pence per Ordinary Share and then repurchased, into his ISA, 4,655 Ordinary Shares at a price of 192.24pence per Ordinary Share to facilitate an ISA transfer.

For further information, contact:

Palace Capital PLC

Neil Sinclair, Chief Executive
Stephen Silvester, Finance Director
Tel. [phone]

Broker

Numis Securities

Heraclis Economides / George Fry

Tel: [phone]

Broker

Arden Partners plc

Corporate Finance: Paul Shackleton / Ciaran Walsh / Daniel Gee-Summons

Corporate Broking: James Reed-Daunter

Tel: [phone]

Financial PR

FTI Consulting

Claire Turvey / Methuselah Tanyanyiwa

Tel: [phone]

[e-mail]

About Palace Capital plc (www.palacecapitalplc.com)

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	Stephen Silvester, Finance Director
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	Ordinary shares of 10p each in Palace Capital plc 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) 186.67 pence 4,655
d)	Aggregated information - Aggregated volume - Price	See 4 c) above
e)	Date of the transaction	23 October 2020
f)	Place of the transaction	London Stock Exchange, (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Silvester, Finance Director
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	Ordinary shares of 10p each in Palace Capital plc 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) 192.24 pence 4,655
d)	Aggregated information - Aggregated volume - Price	See 4 c) above
e)	Date of the transaction	23 October 2020
f)	Place of the transaction	London Stock Exchange, (XLON)