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Palace Capital PLC (PCA.L)

PCA.L on London Stock Exchange

24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Palace Capital PLC intends to pay interim dividend
Monday, 30 Nov 2015 02:00am EST 

Palace Capital PLC:Intends to pay an interim dividend of 7p on Dec. 30, 2015 to shareholders on register at Dec. 4, 2015.  Full Article

Palace Capital PLC announces Letting in Burgess Hill
Friday, 28 Aug 2015 02:00am EDT 

Palace Capital PLC:Says that it has let Unit 3 on the Clayton Manor Industrial Estate, Burgess Hill, West Sussex.Says the property was built in the 1980s and comprises a net lettable area of approximately 15,600 sq ft, of which 50% is warehouse and 50% offices.Says the initial rent is £120,000 per annum.  Full Article

Palace Capital PLC proposes acquisition and conditional 20 mln pounds placing
Thursday, 28 May 2015 02:02am EDT 

Palace Capital PLC:Enters into a conditional agreement to acquire the entire issued share capital of O&H Northampton Limited (O&H), the owner of Sol Central, a mixed use leisure scheme in Northampton.Amount payable by Palace Capital in connection with the Acquisition is expected to be about 20.7 mln pounds.Says it is undertaking a conditional placing of 5,555,556 new ordinary shares in the company at 360 pence to raise about 20.0 mln pounds.Placing has been arranged by Arden Partners and Allenby Capital Limited.Issue price of 360 pence per Placing Share represents an about 3.5 per cent. discount to the closing middle market price of 373 pence per existing ordinary share on May 27.  Full Article

Palace Capital PLC Proposes final dividend
Thursday, 28 May 2015 02:01am EDT 

Palace Capital PLC:Proposes final dividend of 7.0 pence per share, ahead of forecast, making a total dividend of 13.0 pence for the year.  Full Article

Palace Capital PLC announces loan facility
Monday, 11 May 2015 02:01am EDT 

Palace Capital PLC:Entered into a facility agreement with Lloyds Bank plc for the provision of a 4.5 million Pounds loan.The Loan is for a fixed term of 4 years and is secured against Bank House, Leeds, which was acquired by the company for 10 million Pounds on April 1.Interest is payable on the Loan at a rate of 2.1 pct over Libor per annum.The company will use the proceeds of the Loan for general working capital purposes, as well as to pursue further acquisition opportunities.  Full Article

Palace Capital PLC appoints Finance Director
Thursday, 7 May 2015 02:00am EDT 

Palace Capital PLC:Says appointment of Stephen Silvester, ACA, to Board of company as Finance Director.Stephen Silvester will join company on July 1.  Full Article

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