RNS announcement

Palace Capital plc

("Palace Capital" or the "Company")

Edison Investment Research - Initiation of Coverage

Palace Capital plc, the property investment company focusing on property outside London, draws investors' attention to the initiation of research coverage on the Company by Edison Investment Research ("Edison"). A copy of the research note can be accessed at, http://palacecapitalplc.com/research-notes.  

-ends-

Date: 02 February 2017

For further information, contact:

Palace Capital plc

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

Capital Access Group (Financial PR)

Scott Fulton / Jessica Bradford

Tel. 44 (0)20 3763 3400

About Edison: Edison is an international equity research firm with a team of over 70 analysts, investment and roadshow professionals and works with both large and smaller capitalised companies, blue chip institutional investors, wealth managers, private equity and corporate finance houses to support their capital markets activity. Edison provides services to more than 420 retained corporate and investor clients from offices in London, New York, Frankfurt, Sydney and Wellington. Edison is authorised and regulated by the Financial Conduct Authority.