palace capital plc (PCA:London)
Transactions by PALACE CAPITAL PLC (PCA) in the last 6 months
Palace Capital Plc (AIM:PCA) entered into a conditional agreement to acquire Sol Central from O&H Properties Ltd. for £1 on May 27, 2015. Palace Capital will procure the repayment of £20.7 million of the outstanding indebtedness owed by O&H to its existing bank and other creditors. Palace Capital announced a conditional placing of 5.56 million placing shares to raise approximately £20.0 million to finance the repayment of O&H's indebtedness and to provide additional ...
Palace Capital Plc (AIM:PCA) agreed to acquire Bank House on King Street for £10 million on March 9, 2015. The consideration will be satisfied from Palace Capital's existing cash resources. The acquisition of Bank House was aided by a loan from Lloyds of £4.5 million. Bank House produces a gross rental income of £0.91 million per annum and a net income of circa £0.86 million per annum. Nick Naylor and James Reeve of Allenby Capital Limited acted as the Nominated Adviser ...
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