PDMR/PCA Dealing

Summary by AI BETAClose X

Palace Capital PLC has announced a transaction where Lakestreet Capital Partners AG sold 259,149 ordinary shares at 190 pence per share to Lakestreet Trading AG, with the total number of shares and voting rights controlled by Lakestreet Capital remaining unchanged at 2,990,000. This internal transfer involves entities closely associated with directors Christian Kappelhoff-Wulf and Valentin Pierburg, who are considered persons discharging managerial responsibility. The transaction, which occurred on 23 September 2026 on XLON, does not alter the ultimate beneficial ownership of the shares.

Disclaimer*

Palace Capital PLC
23 September 2026
 

23 September 2026

Palace Capital PLC

("Palace Capital" or the "Company")

PDMR/PCA Dealing

Palace Capital (LSE: PCA) announces the sale of ordinary shares of 10 pence each in the Company ("Shares") from Lakestreet Capital Partners AG ("Lakestreet Capital") to Lakestreet Trading AG ("Lakestreet Trading"). The ultimate beneficial owner of the shares held by Lakestreet Trading is Lakestreet Capital, and therefore the total number of shares and voting rights controlled by Lakestreet Capital remains unchanged at 2,990,000 Shares.

Each of Lakestreet Capital and Lakestreet Trading are "persons closely associated" ("PCA") with Christian Kappelhoff-Wulf and Valentin Pierburg, directors of the Company, who are each considered to be "persons discharging managerial responsibility" ("PDMR") in relation to the Company for the purposes of the UK Market Abuse Regulation.

Lakestreet Capital-controlled shareholdings

Following this transaction, Lakestreet Capital and Lakestreet Trading have the following interests in the Ordinary Shares of 10 pence of the Company:

Shareholder

Shares held prior to the transaction

Number of Shares transferred

Resulting number of Shares held

Lakestreet Capital

1,809,149

(259,149)

1,550,000

Lakestreet Trading

1,180,851

259,149

1,440,000

TOTAL

2,990,000

-

2,990,000

 

Palace Capital plc
Christian Kappelhoff-Wulff, Non-Executive Chairman
ckw@palacecapitalplc.com

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lakestreet Capital Partners AG

2

Reason for the notification

a)

Position/status

PCA with Christian Kappelhoff-Wulff and Valentin Pierburg, PDMRs of the Company

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

ISIN: GB00BF5SGF06

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

 Price:  190 pence per Share

259,149 Shares

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - single transaction

e)

Date of the transaction

23 September 2026

f)

Place of the transaction

XLON

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lakestreet Trading AG

2

Reason for the notification

a)

Position/status

PCA with Christian Kappelhoff-Wulff and Valentin Pierburg, PDMRs of the Company

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

ISIN: GB00BF5SGF06

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 Price: 190 pence per Share

259,149 Shares

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - single transaction

e)

Date of the transaction

23 September 2026

f)

Place of the transaction

XLON

 

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END
 
 
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