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  3. Palace Capital Share Price
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  5. Boulton House disposal

Pin to quick picksPalace Capital Regulatory News (PCA)

Palace Capital Information

Share Price Information for Palace Capital (PCA)

London Stock Exchange
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Share Price: 233.00
Bid: 231.00
Ask: 240.00
Change: -10.00 (-4.12%)
Spread: 9.00 (3.896%)
Open: 235.00
High: 235.00
Low: 233.00
Prev. Close: 243.00
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Boulton House disposal

29 Apr 2024 13:15

RNS Number : 4439M
Palace Capital PLC
29 April 2024
 

29 April 2024

Palace Capital plc

("Palace Capital" or the "Company")

Boulton House disposal

Palace Capital today announces that it has conditionally exchanged contracts for the sale of Palace Capital (Manchester) Limited, a wholly owned subsidiary of Palace Capital plc, whose sole asset is Boulton House Manchester, an office building in the centre of Manchester, to The James (M1 Living) Limited, a special purpose vehicle, for a cash consideration of £8.75 million, which reflects a NIY of 8.7%. The disposal is at the 31 March 2024 book value and 2.8% below the 30 September 2023 book value of £9.0 million. Completion of the transaction will be in 12 weeks' time.

Commenting on today's sale, Steven Owen, Executive Chairman said:

"The disposal of Boulton House demonstrates continuing progress in our disposal strategy and on completion will provide additional cash for returning to shareholders in due course."

 

Palace Capital plc Steven Owen, Executive Chairmaninfo@palacecapitalplc.com

Financial PR FTI ConsultingDido Laurimore / Giles BarrieTel: 44 (0)20 3727 1000palacecapital@fticonsulting.com

 

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DISUKAURSRUSUAR
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Date   Source Headline
15th Mar 20237:00 amRNSDividend Declaration
14th Feb 20237:00 amRNSIndustrial property disposal
6th Feb 20237:00 amRNSShare Buyback
22nd Dec 20227:00 amRNSDisposals and Debt Position Update
25th Nov 20224:40 pmRNSSecond Price Monitoring Extn
25th Nov 20224:35 pmRNSPrice Monitoring Extension
24th Nov 20227:00 amRNSInterim Results
20th Oct 202212:03 pmRNSDirector Dealing
18th Oct 20223:49 pmRNSHolding(s) in Company
12th Oct 20227:00 amRNSTrading Update
15th Sep 20227:00 amRNSDividend Declaration
18th Aug 20222:51 pmRNSDirector Dealing
12th Aug 20227:00 amRNSBoard change
2nd Aug 20227:00 amRNSBoard change
29th Jul 20223:18 pmRNSResult of AGM
28th Jul 20221:39 pmRNSHolding(s) in Company
20th Jul 20226:04 pmRNSDirector Dealing
19th Jul 20227:00 amRNSFurther Update on Strategy and Changes to Board
15th Jul 20224:27 pmRNSHolding(s) in Company
13th Jul 202211:58 amRNSHolding(s) in Company
12th Jul 20223:36 pmRNSHolding(s) in Company
12th Jul 20229:50 amRNSHolding(s) in Company
12th Jul 20227:00 amRNSTransaction in Own Shares
4th Jul 20227:01 amRNSCommencement of share buyback
4th Jul 20227:00 amRNSUpdate on Strategy
28th Jun 202210:27 amRNSAnnual Report and Notice of Annual General Meeting
14th Jun 20222:10 pmRNSDividend Declaration
14th Jun 20227:01 amRNSResults for the year ended 31 March 2022
14th Jun 20227:00 amRNSBoard Change
1st Jun 20225:04 pmRNSTotal Voting Rights
6th Apr 20227:00 amRNSTrading update and dividend increase
25th Mar 20229:10 amRNSHolding(s) in Company
16th Mar 20223:58 pmRNSHolding(s) in Company
15th Mar 20222:03 pmRNSHolding(s) in Company
15th Mar 20227:00 amRNSDividend Declaration and Market Update
14th Mar 20229:46 amRNSHolding(s) in Company
3rd Mar 20227:00 amRNSPalace Capital exceeds disposal strategy targets
20th Jan 20224:40 pmRNSSecond Price Monitoring Extn
20th Jan 20224:35 pmRNSPrice Monitoring Extension
17th Jan 20227:00 amRNSAcquisition of Maidenhead office building
20th Dec 20217:00 amRNSDisposal strategy nears completion
16th Dec 20217:00 amRNSAppointment of new Chairman
15th Dec 202110:46 amEQSHardman & Co Research: Hardman & Co Video | Analyst interview Q&A with Mike Foster on Palace Capital (PCA) | Interim results - ammunition for major dividend rises
9th Dec 20217:00 amRNSLetting of office space at Hudson Quarter, York
6th Dec 20217:00 amRNSSale of Staines Office Building
3rd Dec 202112:40 pmEQSHardman & Co Research : Palace Capital (PCA) - Interim results: ammunition for major dividend rises
29th Nov 20217:00 amRNSDisposal strategy continues with Aldershot sale
18th Nov 20217:00 amRNSDirector Dealing
17th Nov 20211:04 pmRNSINVESTOR PRESENTATION
16th Nov 20217:00 amRNSInterim Results
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