PALACE CAPITAL PLC

Board/Management Information • Sep 24, 2014

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RNS Number : 5233S

Palace Capital PLC

24 September 2014

Palace Capital plc

("Palace Capital" or the "Company")

Directorate change

Palace Capital, the AIM-quoted commercial real estate company, announces the resignation of Roger Nagioff as a non-executive director of the Company, with immediate effect. 

Stanley Davis, Chairman, said, "I would like to thank Roger for his support and contribution. The Board understands the demands of his other commitments and that he cannot devote the time to Palace Capital that he would wish. We hope to bring the Board back to full strength and we anticipate being able to announce the appointment of a new non-executive director soon."

For further information contact:

Palace Capital plc	Tel. +44 (0)20 7722  7603
Stanley Davis, Non-Executive Chairman
Neil Sinclair, Managing Director
Allenby Capital Limited	Tel. +44 (0)20 3328 5656
Nick Naylor, Corporate Finance
James Reeve, Corporate Finance
Arden Partners plc	Tel: +44 (0)20 7614 5917
Christopher Hardie, Corporate Finance
Katelin Kennish, Corporate Finance
Broker Profile (Financial PR)	Tel. +44 (0)20 7448 3244
Simon Courtenay
Tamsin Shephard

This information is provided by RNS

The company news service from the London Stock Exchange

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