Business
Response to Lakestreet Capital Partners AG
Palace Capital PLC has acknowledged an announcement from Lakestreet Capital Partners regarding proposals to appoint two new Directors and remove Steven Owen as a Director. The company's Board, currently comprising Steven Owen as Executive Chairman and Mark Davies as Senior Independent Director, will review these proposals and issue further statements as appropriate. Disclaimer*
About this update from Palace Capital Plc
[{"type":"text","content":"\n\n5 January 2026\n \nPalace Capital PLC\n(\"Palace Capital\" or the \"Company\")\n \nResponse to Lakestreet Capital Partners AG\nPalace Capital (LSE: PCA), notes the announcement made today by Lakestreet Capital Partners ('Lakestreet') in relation to the Company and specifically Lakestreet's proposals to appoint two new Directors and remove Steven Owen as a Director.\nThe Board, which currently consists of Steven Owen as Executive Chairman and Mark Davies as Senior Independent Director, will consider the proposals and make such further announcements as are appropriate in due course.\nFor further information please contact:\n\n\n\n\nPalace Capital plc\n\n\n\n\n\n\n\n\nSteven Owen, Executive Chairman\n\n\[email protected]\n\n\n\n\n \n\n\n\n\n\n\n\n\nCavendish Capital Markets\nMatthew Lewis, Katy Birkin, Edward Whiley\n \n \nFTI Consulting\nDido Laurimore, Giles Barrie, Andrew Davis\n\n\nTel: 020 7220 0500\n \n \n \nTel: 020 3727 1000\[email protected]\n\n\n\n\n \n \n \n \n\n","length":3573,"tagName":"div"}]