TIDMPCA

RNS Number : 4339N

Palace Capital PLC

18 January 2019

18 January 2019

Palace Capital PLC

("Palace Capital" or the "Company")

Appointment of new joint broker

Palace Capital (LSE: PCA), the Main Market listed property investment company that has a diversified portfolio of UK regional commercial real estate in carefully selected locations outside of London, is pleased to announce the appointment of Numis Securities Ltd as joint corporate broker to the Company with immediate effect. Numis will work alongside the Company's existing corporate broker, Arden Partners plc.

For further information, contact:

Palace Capital plc

Neil Sinclair, Chief Executive

Stephen Silvester, Finance Director

Tel. +44 (0)20 3301 8331

Numis Securities

Heraclis Economides / Oliver Hardy

Tel: +44 (0)20 7260 1000

Arden Partners plc

Paul Shackleton / Ciaran Walsh / Alex Penney

Tel. +44 (0)207 614 5900

FTI Consulting (Financial PR)

Claire Turvey / Methuselah Tanyanyiwa

palacecapital@fticonsulting.com

Tel. +44 (0)20 3727 1000

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