Palace Capital PLC REIT conversion (4566H)
01 Agosto 2019 - 8:03AM
UK Regulatory
TIDMPCA
RNS Number : 4566H
Palace Capital PLC
01 August 2019
Palace Capital plc
("Palace Capital" or the "Company")
REIT conversion
Palace Capital, the property investment company that focusses on
commercial property outside London, is pleased to announce that it
has provided HMRC with notice to join the UK REIT regime with
effect from today, 1 August 2019. The first dividend distribution
as a UK REIT is expected to be paid in December 2019.
For further information, contact:
FTI Consulting (Financial PR)
Claire Turvey / Methuselah Tanyanyiwa
palacecapital@fticonsulting.com
Tel. +44 (0)20 3727 1000
About Palace Capital plc (www.palacecapitalplc.com):
Palace Capital plc (LSE: PCA) is a Main Market listed REIT that
has a c. GBP280 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 selects assets that provide opportunity to drive
both capital value and long-term rental income through tailored
active asset management programmes, ultimately delivering
attractive shareholder returns.
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.
END
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