RNS Number : 7231B
Palace Capital PLC
24 April 2026
24 April 2026
Palace Capital plc
("Palace Capital" or the "Company")
Transaction in Own Shares
and
Total Voting Rights
The Board of Directors (the "Board") of Palace Capital announces that, further to the announcement published at 07:00 on 23 April 2026 (the "Further Buyback Announcement"), on 23 April 2026 it purchased 300,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") in the market at a volume weighted average price of 169.75 pence per Ordinary Share through Cavendish Capital Markets Limited ("Cavendish"). The Ordinary Shares acquired will be held in treasury.
|
Date of Purchase: |
23 April 2026 |
|
Aggregate Number of Shares Purchased: |
300,000 |
|
Lowest Price Paid per Share (pence): |
169.75 |
|
Highest Price Paid per Share (pence): |
169.75 |
|
Volume-Weighted Average Price Paid per Share (pence): |
169.75 |
Further to the above transaction, the Company advises that it has 20,224,775 Ordinary Shares of 10 pence each in issue, with 700,000 Ordinary Shares held in treasury (which will shortly be cancelled). Consequently, the total voting rights of the Company is 19,524,775.
This figure of 19,524,775 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
The share buyback programme, as announced in the Further Buyback Announcement, has now completed.[1]
Enquiries:
Palace Capital plc
Christian Kappelhoff-Wulff, Non-Executive Chairman
ckw@palacecapitalplc.com
Financial PR
FTI Consulting
Dido Laurimore / Andrew Davis
Tel: 44 (0)20 3727 1000
palacecapital@fticonsulting.com
Broker
Cavendish
Matt Lewis, Head of Corporate Broking
Tel: 44 (0)20 7397 1920
mlewis@cavendish.com
[1] As a correction to the Further Buyback Announcement, the Company confirms that the Authority (as defined in the Further Buyback Announcement) under which the purchases referred to in this announcement were made will expire on 9 October 2026 or, if earlier, at the conclusion of the Company's next annual general meeting, at which a proposal (amongst others) will be put to shareholders to renew the Company's ability to make market purchases of its Ordinary Shares. All other details in the Further Buyback Announcement were correct.
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