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PCA - Palace Capital News Story

230p 0.0  0.0%

Last Trade - 09/04/21

Sector
Financials
Size
Small Cap
Market Cap £106.0m
Enterprise Value £226.0m
Revenue £17.5m
Position in Universe 1018th / 1817

BRIEF-Palace Capital Says Exchanged Contracts To Sell 50 Residential Units For £18.2 Mln To London Borough Of Barnet

Fri 23rd November, 2018 7:22am
Nov 23 (Reuters) - Palace Capital PLC  PCA.L :
    * EXCHANGED CONTRACTS TO SELL 50 RESIDENTIAL UNITS FOR £18.2
MILLION, REFLECTING 97% OF THEIR BOOK VALUE, TO LONDON BOROUGH
OF BARNET
    * FUNDS FROM SALES WILL BE ADDED TO COMPANY'S CASH RESERVES
TO BE
ULTIMATELY DEPLOYED TOWARDS NEW ACQUISITIONS

Source text for Eikon:  ID:nRSW2775Ia 
Further company coverage:  PCA.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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