Response to Lakestreet Capital Partners AG

Palace Capital

05/01/2026 12:15

RNS Number : 6793N

Palace Capital PLC

05 January 2026

 

5 January 2026

 

Palace Capital PLC

("Palace Capital" or the "Company")

 

Response to Lakestreet Capital Partners AG

Palace Capital (LSE: PCA), notes the announcement made today by Lakestreet Capital Partners ('Lakestreet') in relation to the Company and specifically Lakestreet's proposals to appoint two new Directors and remove Steven Owen as a Director.

The Board, which currently consists of Steven Owen as Executive Chairman and Mark Davies as Senior Independent Director, will consider the proposals and make such further announcements as are appropriate in due course.

For further information please contact:

Palace Capital plc
Steven Owen, Executive Chairman
info@palacecapitalplc.com
Cavendish Capital Markets
Matthew Lewis, Katy Birkin, Edward Whiley
FTI Consulting
Dido Laurimore, Giles Barrie, Andrew Davis
Tel: 020 7220 0500
Tel: 020 3727 1000
palacecapital@fticonsulting.com

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
RSPUVRURNKUARAR