Last checked at 8 Mar 2019 07:00
8 March 2019
Palace Capital plc
("Palace Capital" or the "Company")
Dividend declaration
Palace Capital (LSE: PCA), the Main Market listed property investment company that has a diversified portfolio of UK regional commercial real estate in carefully selected locations outside of London, is pleased to announce that it will pay a quarterly dividend of 4.75 pence per ordinary share on 12 April 2019 to shareholders on the register as at 22 March 2019. The dividend is in respect of the three months ended 31 December 2018.
For further information, contact:
Palace Capital plc
Neil Sinclair, Chief Executive
Stephen Silvester, Finance Director
Tel. +44 (0)20 3301 8331
Numis Securities
Heraclis Economides / Oliver Hardy
Tel: +44 (0)20 7260 1000
Arden Partners plc
Paul Shackleton / Ciaran Walsh / Alex Penney
Tel. +44 (0)207 614 5900
FTI Consulting (Financial PR)
Claire Turvey / Methuselah Tanyanyiwa
palacecapital@fticonsulting.com
Tel. +44 (0)20 3727 1000
This announcement contains information which, prior to its disclosure, was inside information for the purpose of the Market Abuse Regulation ("MAR").
About Palace Capital plc (www.palacecapitalplc.com):
Palace Capital plc (LSE: PCA) is a Main Market listed property investment company that has a c.£300 million diversified portfolio of UK regional commercial property. The Company maintains a disciplined investment strategy focused on towns and cities outside of London that are characterised by thriving local economies and strengthening fundamentals. Within those locations, the highly experienced management team selects assets that provide opportunity to drive both capital value and long-term rental income through tailored active asset management programmes, ultimately delivering attractive shareholder returns.