15 November 2023
Palace Capital PLC
("Palace Capital" or the "Company")
Notice of General Meeting
Palace Capital (LSE: PCA) announces that a Notice of General Meeting, ("GM") has been published on the Company's website www.palacecapitalplc.com. The document is being posted to shareholders and will shortly be available for inspection at the National Storage Mechanism, https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
In line with the Company's strategy to return cash to shareholders, the Company has made purchases of its own shares under the authority given at the 2023 Annual General meeting (for the purchase by the Company of up to 10% of its then issued share capital). As the Company has utilised that authority in full, a special resolution will be proposed at the GM to authorise the Company to purchase a further 15% of the Company's own shares in the market.
The GM will be held at the offices of CMS Cameron McKenna Nabarro Olswang LLP, Cannon Place, 78 Cannon Street, London EC4N 6AF on Monday 4 December 2023 at 1.00 pm. The Company currently intends that shareholders may attend the meeting in person but should the situation change such that we consider that physical attendance is no longer possible, we will notify shareholders of the change, prior to the GM, via an RNS announcement and on the Company's website (www.palacecapitalplc.com).
Shareholders not attending the meeting are encouraged to submit their votes by proxy electronically via the CREST proxy voting service or www.signalshares.com as appropriate. We encourage shareholders to do this as soon as possible, appointing the Chairman of the GM as their proxy. For any queries relating to voting shareholders can call Link Group, our Registrar, on 0371 664 0300. Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. Shareholders may also email them at firstname.lastname@example.org.
For further information, contact:
PALACE CAPITAL PLC
Steven Owen, Executive Chairman
Dido Laurimore/ Giles Barrie
Tel: 44 (0)20 3727 1000