REG - Palace Capital PLC - Dividend Declaration

Palace CapitalAnnouncement

10/03/2021 09:05

RNS Number : 7733R
  
Palace Capital PLC
  
10 March 2021
  
 

10 March 2021
 
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 31 December 2020, of 2.5 pence per ordinary share. 
The dividend will be paid on 9 April 2021 to shareholders on the register as at 19 March 2021. The ex-dividend date will be 18 March 2021. 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 / 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 £281.6 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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