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Palace Capital (PCA) Share News

TRADING UPDATES: Christie trading improved, maintains expectations

13th Jun 2024 16:41

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

EARNINGS AND TRADING: Palace Capital revenue falls 41% as loss narrows

6th Jun 2024 14:52

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Palace Capital sells subsidiary that owns Boulton House

29th Apr 2024 14:21

Palace Capital PLC - London-based commercial real estate investment trust - Exchanges contract to sell wholly-owned subsidiary Palace Capital (Manchester) Ltd to The James (M1 Living) Ltd. The subsidiary's sole asset is Boulton House Manchester, an office building in the city centre. The deal is worth GBP8.8 million in cash and reflects a net initial yield of 8.7%. The disposal is at the March 31 book value and 2.8% below the September 30 book value of GBP9.0 million. The transaction will complete in 12 weeks time, Palace Capital says. Palace Capital Executive Chair Steven Owen comments: "The disposal of Boulton House demonstrates continuing progress in our disposal strategy and on completion will provide additional cash for returning to shareholders in due course." Read More

Palace says tender offer likely after moving to a net cash position

18th Apr 2024 12:36

(Alliance News) - Palace Capital PLC on Thursday said it will return a "significant amount" to shareholders after its disposal strategy allowed the company to repay its debts. Read More

UK dividends calendar - next 7 days

12th Apr 2024 15:39

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UK dividends calendar - next 7 days

14th Mar 2024 15:06

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IN BRIEF: Palace Capital up on sale of three investment properties

7th Feb 2024 11:53

Palace Capital PLC - London-based investor in commercial real estate - Says it has exchanged or completed on the sale of three investment properties for GBP15.2 million. The sales comprise: Bridge Park, East Grinstead for GBP7.2 million; High Street, Sutton for GBP3.6 million; and Lendal & Museum Street, York for GBP4.4 million. It adds that several properties are currently under offer which, if they all complete in the next few months, will provide the company with various options for returning capital to shareholders, including a tender offer. Read More

SMALL-CAP WINNERS & LOSERS: Palace Capital up on possible tender offer

7th Feb 2024 09:18

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More

More Acquisitions shares soar following successful fundraise

22nd Jan 2024 10:04

(Alliance News) - More Acquisitions PLC on Monday announced a fundraise of over GBP300,000, as well as the appointment of two "highly experienced company directors" to its board. Read More

UK dividends calendar - next 7 days

22nd Dec 2023 15:50

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UK shareholder meetings calendar - next 7 days

27th Nov 2023 14:51

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UK dividends calendar - next 7 days

16th Nov 2023 15:53

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UPDATE: Palace Capital sheds CFO to save cash, as interim loss narrows

16th Nov 2023 10:43

(Alliance News) - Palace Capital PLC on Wednesday said Chief Financial Officer Matthew Simpson has agreed to step down in order to save cash, as it reported an impressive narrowing in its half-year loss. Read More

Palace Capital gets rid of CFO to maximise cash to shareholders

15th Nov 2023 11:38

(Alliance News) - Palace Capital PLC on Wednesday said Chief Financial Officer Matthew Simpson has agreed to step down, in order to save cash. Read More

UK dividends calendar - next 7 days

6th Oct 2023 15:48

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UK dividends calendar - next 7 days

14th Sep 2023 15:44

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Primary Health Properties hires NewRiver co-founder as new CEO

4th Sep 2023 08:52

(Alliance News) - Primary Health Properties PLC on Monday announced the appointment of Mark Davies as its next chief executive officer, to replace its founder Harry Hyman next year. Read More

LONDON MARKET CLOSE: Stocks slide as weak Chinese data lowers mood

8th Aug 2023 16:54

(Alliance News) - Stocks in London closed lower on Tuesday as disappointing data from China put a dampener on an already fragile market mood. Read More

IN BRIEF: Palace Capital announces share buyback worth GBP11 million

8th Aug 2023 10:46

Palace Capital PLC - London-based investor in commercial real estate - Plans to repurchase a further 4.3 million shares for no more than GBP11 million in total. Says this represents around 10% of its issued share capital. Adds it has purchased 4.5 million shares since July 2022. Numis Securities Ltd, a London-based investment bank, will manage the programme. Read More

SMALL-CAP WINNERS & LOSERS: Palace Capital rises on share buyback

8th Aug 2023 09:51

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More

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