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RNS Number : 8344V Palace Capital PLC 12 August 2022
12 August 2022
Palace Capital plc
("Palace Capital" or the "Company")
Board change
Palace Capital (LSE:PCA), the Main Market property investment company that
owns a diversified portfolio of UK commercial real estate in carefully
selected locations outside of London, announces the following change to its
Board.
Richard Starr, Executive Property Director, has decided that now is the right
time to step down from the Board with immediate effect and will leave the
Company on 30 September following an orderly handover period. His duties will
be allocated between Daniel Davies, Head of Asset Management and Tom Hood,
Head of Investment, both of whom will report directly to Steven Owen, Interim
Executive Chairman.
Steven Owen, Interim Executive Chairman, commented:
"On behalf of the Board, I would like to thank Richard for his dedication and
commitment to Palace Capital over the last nine years. The Board and staff
wish him well."
For further information:
Palace Capital plc
Steven Owen, Interim Executive Chairman
Tel. +44 (0)20 3301 8330
FTI Consulting
Dido Laurimore/ Giles Barrie
Tel: +44 (0)20 3727 1000
palacecapital@fticonsulting.com (mailto:palacecapital@fticonsulting.com)
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