RNS Number : 5757T
Palace Capital PLC
06 October 2014


Palace Capital plc

("Palace Capital" or the "Company")


Appointment of Non-Executive Director


Palace Capital, the AIM-quoted commercial real estate company, is pleased to announce the appointment of Mr Kim Taylor-Smith to the Board of the Company as a Non-Executive Director with immediate effect.


Kim Taylor-Smith, a Chartered Accountant, brings to Palace Capital over thirty years' experience as a company director for a range of businesses, with a particular background in property management, investment and development. Mr Taylor-Smith served as finance director and latterly chief executive of Birkby plc, a manager of workspace (IMEX) and indoor markets (Inshops), between 1983 and 1999, at which time it was acquired by Mentmore plc, at that time Europe's leading records management and self storage company.  Following the acquisition of Birkby by Mentmore, Mr Taylor-Smith was appointed as the chief executive of the enlarged group, where he remained until 2001. Since 2001, Mr Taylor-Smith has, amongst other things, undertaken property investment projects, established a serviced business centre operation (which was sold in 2006) and taken on various business advisory contracts and interim management appointments.


For further information, please contact:


Palace Capital plc

Tel. 44 (0)20 3301 8331

Stanley Davis, Non-Executive Chairman  

Neil Sinclair, Managing Director  

Allenby Capital Limited

Tel. 44 (0)20 3328 5656

Nick Naylor, Corporate Finance  

James Reeve, Corporate Finance           

Arden Partners plc

Tel: 44 (0)20 7614 5917

Christopher Hardie, Corporate Finance

Katelin Kennish, Corporate Finance


Broker Profile (Financial PR)

Tel. 44 (0)20 7448 3244

Simon Courtenay

Tamsin Shephard          


Regulatory disclosures


Kim David Spencer Taylor-Smith (age 57) is or has been a director or partner of the following companies or partnerships during the previous five years:




Bowlhead Properties (Bushfield) Limited;

Bowlhead Properties (Peterborough) Limited; and

The Chelsea Centre Limited.




Bizspace Northampton Limited; and

Armenton Limited.


There is no further information on Mr Taylor-Smith required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.


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