Result of AGM

RNS Number : 7134K

Palace Capital PLC

11 July 2017

 

11 July 2017

Palace Capital plc

("Palace Capital" or the "Company")

Result of AGM

The Board of Palace Capital, the property investment company that focuses on real estate outside London, announces that at the Company's Annual General Meeting held earlier today, all resolutions were duly passed.

For further information, contact:

Palace Capital plc

Neil Sinclair, Chief Executive

Stephen Silvester, Finance Director

Tel. [phone]

Allenby Capital Limited (Nominated Adviser and Joint Broker)

Nick Naylor / James Reeve

Tel. [phone]

Arden Partners plc (Joint Broker)

Chris Hardie / Ciaran Walsh

Tel. [phone]

Capital Access Group (Financial PR)

Scott Fulton

Tel. [phone]

About Palace Capital plc:

Palace Capital is a UK property investment company admitted to trading on the AIM Market of the London Stock Exchange (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 20.0% increase in adjusted profit before tax, a 7.0% uplift in EPRA NAV and a 16.0% increase in dividends.

 

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