Palace Capital PLC Dividend Declaration (6156B)
24 September 2018 - 4:01PM
UK Regulatory
TIDMPCA
RNS Number : 6156B
Palace Capital PLC
24 September 2018
24 September 2018
Palace Capital PLC
("Palace Capital" or the "Company")
Dividend Declaration
Palace Capital (LSE: PCA), the property investment company that
focusses on commercial property outside of London, is pleased to
announce that it will pay a quarterly dividend of 4.75 pence per
ordinary share on 19 October 2018 to shareholders on the register
as at 5 October 2018. The dividend is in respect of the three
months ended 30 June 2018.
For further information, contact:
Palace Capital plc
Neil Sinclair, Chief Executive
Stephen Silvester, Finance Director
Tel. +44 (0)20 3301 8331
Arden Partners plc (Lead Broker)
Chris Hardie / Ciaran Walsh / Alex Penney
Tel. +44 (0)207 614 5900
Allenby Capital Limited (Joint Broker)
Nick Naylor / James Reeve / Asha Chotai
Tel. +44 (0)20 3328 5656
FTI Consulting (Financial PR)
Claire Turvey / Methuselah Tanyanyiwa
palacecapital@fticonsulting.com
Tel. +44 (0)20 7271000
About Palace Capital plc (www.palacecapitalplc.com):
Palace Capital is a UK property investment company admitted to
trading on the London Stock Exchange plc's main market (LSE: PCA).
The Company is not sector specific and looks for opportunities
where it can enhance the long-term income and capital value through
asset management and strategic capital development in locations
outside London. In its last reported financial year, Palace Capital
produced a 27% increase in adjusted profit before tax, a 7% uplift
in EPRA NAV per share from a post fundraise proforma base and a 3%
increase in dividends for the year ending 31 March 2018.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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