Palace Capital plc
("Palace Capital" or the "Company")
Update on ordinary shares
Palace Capital, the property investment company that focuses on commercial property outside London, announces that the 5,555,556 new ordinary shares issued pursuant to the placing, further details of which were announced on 28 May 2015 will, with effect from 8.00 a.m. on Monday 3 August 2015, cease to trade under the temporary TIDM PCA2.L and ISIN GB00BWVG1852 and will be merged with the Company's existing issued ordinary shares. As a result, the entire issued share capital of Palace Capital, consisting of 25,781,229 ordinary shares, will trade on AIM under TIDM PCA.L with ISIN GB00BF5SGF06.
Date: 31 July 2015
For further information contact:
Palace Capital plc
Stanley Davis, Non-executive Chairman
Neil Sinclair, Chief Executive
Stephen Silvester, Finance Director
Tel. 44 (0)20 3301 8331
Allenby Capital Limited (Nominated Adviser and Joint Broker)
Nick Naylor / James Reeve
Tel. 44 (0)20 3328 5656
Arden Partners plc (Joint Broker)
Chris Hardie / Ciaran Walsh
Tel. 44 (0)207 614 5917
Broker Profile (Financial PR)
Simon Courtenay / Harry Rippon Tel. 44 (0)20 7448 3244