RNS Number : 4815H
Palace Capital PLC
13 March 2018

Palace Capital PLC

("Palace Capital" or the "Company")


Dividend Declaration


Further to its announcement 4 December 2017, Palace Capital plc, the property investment company that focuses on commercial property predominantly outside London, is pleased to announce that it will pay a quarterly dividend of 4.75 pence per ordinary share on 13 April 2018 to shareholders on the register as at 23 March 2018. The dividend is in respect of the three months ended 31 December 2017.


Date: 13 March 2018


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 / Asha Chotai

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

Tel. 44 (0)20 3763 3400


About Palace Capital plc (www.palacecapitalplc.com):


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 per share and a 16.0% increase in dividends.



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