Transaction in Own Shares and Total Voting Rights
Palace Capital plc has completed its share buyback program, acquiring 300,000 ordinary shares on April 23, 2026, at a volume-weighted average price of 169.75 pence per share. These shares will be held in treasury and subsequently cancelled. Following this transaction, the company has 20,224,775 ordinary shares in issue, resulting in a total voting rights figure of 19,524,775, which shareholders should use for regulatory notification calculations.
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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]
[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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.