12 March 2024
Palace Capital PLC
("Palace Capital" or the "Company")
Dividend Declaration
Palace Capital (LSE: PCA), is pleased to announce that it will pay a quarterly dividend, in respect of the three months ended 31 December 2023, of 3.75 pence per ordinary share. Of this, 0.5 pence per ordinary share will be paid as a Property Income Distribution ('PID') and 3.25 pence per ordinary share will be paid as a Non-Property Income Distribution ('Non-PID').
The dividend will be paid on 19 April 2024 to shareholders on the register as at 22 March 2024. The ex-dividend date will be 21 March 2024.
The PID element of the dividend will be paid net of 20% tax unless a shareholder is eligible for payment of a gross dividend and has completed and lodged the relevant form with the Registrar, Equiniti. The Non-PID element will be treated in exactly the same way as dividends receivable from other UK, non-Real Estate Investment Trust ('REIT'), companies.
For further information please contact:
PALACE CAPITAL PLC
Steven Owen, Executive Chairman
Financial PR
FTI Consulting
Dido Laurimore/ Giles Barrie
Tel: +44 (0)20 3727 1000
palacecapital@fticonsulting.com
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