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Palace Capital PLC (PCA.L)

PCA.L on London Stock Exchange

345.00GBp
20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Palace Capital to buy R.T. Warren and undertake 70 mln pound share placing
Tuesday, 19 Sep 2017 02:15am EDT 

Sept 19 (Reuters) - Palace Capital Plc :Palace Capital, the property investment company, is pleased to announce that it has conditionally agreed to acquire the entire issued share capital of R.T. Warren Limited for a total cash consideration of 53.3 million pounds, subject to adjustment.A bank loan of 14.5 million pounds is being retained by RT Warren.To finance the Acquisition, the company is proposing to undertake a placing to raise 70 million pounds of which £4.3 million is subject to clawback under an open offer to Qualifying Shareholders .The Placing is to be conducted by way of an accelerated bookbuilding process which will commence immediately..  Full Article

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

BRIEF-Palace Capital to buy R.T. Warren and undertake 70 mln pound share placing

* Palace Capital, the property investment company, is pleased to announce that it has conditionally agreed to acquire the entire issued share capital of R.T. Warren Limited for a total cash consideration of 53.3 million pounds, subject to adjustment