Palace Capital PLC Dividend Declaration (9515Y)
September 15 2020 - 2:00AM
UK Regulatory
TIDMPCA
RNS Number : 9515Y
Palace Capital PLC
15 September 2020
15 September 2020
Palace Capital PLC
("Palace Capital" or the "Company")
Dividend Declaration
Palace Capital (LSE: PCA), the Main Market REIT that has a UK
regional commercial real estate portfolio focused on the office and
industrial sectors in carefully selected locations outside of
London, is pleased to announce that it will pay a quarterly
dividend, in respect of the three months ended 30 June 2020, of 2.5
pence per ordinary share.
The dividend will be paid on 16 October 2020 to shareholders on
the register as at 25 September 2020. The ex-dividend date will be
24 September 2020. The entire dividend will be paid as a Property
Income Distribution.
For further information, contact:
Joint Broker
Numis Securities
Heraclis Economides / George Fry
Tel: +44 (0)20 7260 1000
Joint Broker
Arden Partners plc
Corporate Finance: Paul Shackleton / Ciaran Walsh / Daniel
Gee-Summons
Corporate Broking: James Reed-Daunter
Tel: +44 (0)207 614 5900
FTI Consulting (Financial PR)
Claire Turvey / Methuselah Tanyanyiwa
palacecapital@fticonsulting.com
Tel. +44 (0)20 7271000
About Palace Capital plc ( www.palacecapitalplc.com ):
Palace Capital plc (LSE: PCA) is a UK REIT that has a GBP277.8
million diversified portfolio of UK regional commercial property.
The Company maintains a disciplined investment strategy focused on
towns and cities outside of London that are characterised by
thriving local economies and strengthening fundamentals. Within
those locations the highly experienced management team select
assets that provide opportunities to drive both capital value and
long-term rental income through tailored active asset management
programmes ultimately delivering attractive shareholder
returns.
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END
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