Palace Capital plc has an Executive Chairman and an Independent Non-Executive Director.

DIRECTORS

Matthew Simpson

Steven Owen

Executive Chairman

Date of appointment

Steven was appointed by the Board as independent non-executive Chairman in December 2021, becoming Chairman on 1 January 2022 and Interim Executive Chairman on 14 June 2022.

Expertise

Steven is the Non-Executive Chairman of FTSE 250 property investment group Primary Health Properties plc (“PHP”) having been appointed Chairman in April 2018. He was appointed to the Board as an independent Non-Executive Director in January 2014 becoming chairman of the Audit Committee and Senior Independent Director in April 2014. Steven has overseen PHP’s significant corporate activity in the period including its merger with MedicX Fund Limited in 2019 and the internalisation of its management structure in January 2021 with both transactions creating significant shareholder value.

Steven began his earlier career with KPMG before moving into property with Brixton plc where he became Finance Director and subsequently Deputy Chief Executive. Steven is a Fellow of the Association of Corporate Treasurers.

Matthew Simpson

Mark Davies

Senior Independent Director

Date of appointment

1 August 2022

Expertise

Mark Davies, ACA is a highly experienced FTSE250 executive, with extensive experience as Chairman, CEO and CFO in listed companies and private equity. He was a Co-founder Director of New River REIT plc (“New River”) and helped take the Company from IPO to the FTSE250 in seven years. He was CFO of New River for over twelve years and, working alongside his role as CFO, was also CEO/Chairman of Hawthorn Leisure Limited (“Hawthorn”) for five years. Mark stood down from the Board of New River following the announcement of the sale of Hawthorn in July 2021 but remained as CEO of Hawthorn until its successful sale to Admiral Taverns in August 2021.

Mark is chair of the Audit and Risk Committee and the Remuneration Committee and is the Senior Independent Director.

Matthew Simpson

Phil Higgins

Company Secretary

We continue to develop our stakeholder and industry relationships to enhance the company’s growth opportunities and create brand recognition for the firm.

Expertise

Phil was previously acting Company Secretary at Kier Group plc and has significant experience in the listed property sector having been Deputy Company Secretary at Land Securities Group plc and interim Deputy at intu properties plc. Phil has senior level experience in FTSE100 and FTSE250 retail, utilities and engineering companies and professional services firms during his over 20 years as a Chartered Secretary. Phil is a Fellow of the Corporate Governance Institute. 

Contact details

info@palacecapitalplc.com

Matthew Simpson

Daniel Davies

Head of Asset Management

Expertise

Daniel is a Chartered Surveyor with over 20 years of real estate experience and joined Palace Capital in 2018. Daniel brings extensive experience of asset management having spent 12 years at Telereal Trillium, one of the UKs largest private property companies. Prior to this position, he spent four years at Nelson Bakewell, where his role included investment, agency, and management.

Contact details

info@palacecapitalplc.com

Matthew Simpson

Tom Hood

Head of Investment

Expertise

Tom joined Palace Capital in September 2019 from Mansford LLP where he was a Director in the Asset Management and Investment Team, responsible for the full life cycle across a diversified UK portfolio. He held previous roles at GVA and BNP Paribas in their Central London Investment Teams.

Tom is a Chartered Surveyor with an MSc in Real Estate from The University of Reading and an LLB from Durham University. He also holds the CFA UK IMC.

Contact details

info@palacecapitalplc.com

Matthew Simpson

Andrew Wolfe

Financial Controller

Expertise

Andrew Wolfe, a fully qualified Chartered Accountant, has responsibility for Group accounting and tax, including managing the REIT requirements, preparing Group annual budgets and forecasts, quarterly debt compliance, acquisition modelling and providing the Executive team with up to date financial and property metrics for Board meetings and investor presentations.

Andrew spent 3 years working at PricewaterhouseCoopers in the Financial Services sector, having an array of investment banking and private equity clients, most notably Barclays Investment Bank. Andrew was also selected to spend 6 months in Stockholm, working at SEB bank, one of the biggest investment banks in Scandinavia.

Following on from his time at PwC, he spent 2 years as a Group Finance Manager for a listed hotel property group, easyHotel Plc, where he was responsible for the restructuring and implementation of new finance systems, preparing the management accounts and board packs, managing the finance team, and preparing property investment proposals.

Contact details

info@palacecapitalplc.com

Matthew Simpson

Tom Stimson

FP&A Analyst

Expertise

Tom has oversight of Palace Capital's monthly management accounts, quarterly VAT reporting to HMRC, rent collection reporting and financial interaction with the Managing Agents. He also knows every statistic and data point relating to every property, tenant and lease at all times! Tom has overall responsibility for maintaining data integrity within our portfolio database, supporting the wider team with modelling and the data provided to MSCI for our semi-annual benchmark reporting.

Tom has strong knowledge of financial procedures relating to properties from his time working in the private health sector. Tom studied Accounting and Financial Management at the University of Surrey, where he was awarded an Upper Second-Class Honours degree.

Contact details

info@palacecapitalplc.com

The Board operates in accordance with the company's articles of association

Our governance structure is shown below. The Board delegates specific responsibilities to Board Committees. More information on the Board Committees is available here.