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Share Price Information for Palace Capital (PCA)

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Share Price: 232.00
Bid: 232.00
Ask: 234.00
Change: -2.00 (-0.85%)
Spread: 2.00 (0.862%)
Open: 233.00
High: 234.00
Low: 232.00
Prev. Close: 234.00
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Palace Capital CEO Looking At Potential Acquisition Opportunities

Wed, 08th Jul 2015 08:28

LONDON (Alliance News) - Palace Capital PLC is weighing up a number of opportunities, according to Chief Executive Neil Sinclair on Wednesday.

"We are constantly on the lookout for additional acquisitions of either companies or single assets that offer the potential to create value where there has been a lack of asset management in the past," Sinclair said in a statement.

"We are currently looking at a number of potential opportunities and property management initiatives, and will update shareholders on any progress in due course," the CEO added.

Palace Capital shares were up 0.7% at 380.05 on Wednesday morning.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.

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Palace Capital shrugs off 'uncertain times' as income jumps

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Palace Capital selling 50 flats to Barnet council

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Palace Capital Agrees To Sell 50 Residential Units For GBP18 Million

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Palace Capital Lifts Dividend 3% As Total Net Asset Value Rises 70%

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Palace Capital hikes dividend as H1 pre-tax profit falls

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