Palace Capital (PCA): Lakestreet Capital Partners AG campaign

This situation live

PCA Palace Capital

£30m · 191.0p · −12% since the first step

28 Oct 2025 · 7.41768% · +0% until the next step Lakestreet Capital Partners AG: 7.41768%

5 Nov 2025 · 20.986% · −5% until the next step Lakestreet Capital Partners AG: 20.986% (from 7.41768%)

1 Dec 2025 · 16.2177% · +2% until the next step Lakestreet Capital Partners AG: 16.2177% (from 20.986%)

4 Dec 2025 · 14.7838% · +0% until the next step Lakestreet Capital Partners AG: 14.7838% (from 16.2177%)

5 Jan 2026 · campaign · −1% until the next step Lakestreet's proposals to appoint two new Directors and remove Steven Owen as a Director.

5 Jan 2026 · campaign · −1% until the next step Steven Owen receives excessive remuneration while not owning a single share in Palace Capital.

8 Jan 2026 · campaign · +0% until the next step Shareholders have been consulted on remuneration and are asked to vote on the Remuneration Report annually at the AGM.

23 Jan 2026 · campaign · −12% until the next step Since 2022, the Company has returned £64 million to shareholders. There are now only five investment properties remaining, three of which are expected to be sold in the coming weeks.

23 Jul 2026 · 18.8158% · +7% until the next step Lakestreet Capital Partners AG: 18.8158% (from 14.7838%)

23 Sep 2026 · campaign · −2% since Lakestreet Capital Partners AG: 18.8158% (from 18.8158%)

Activist campaign

Lakestreet Capital Partners AG campaign

campaign

ActivistLakestreet Capital Partners AG

Stake18.8158%

Wantsremove the chair, board seat(s)

As of 23 Sep 2026 ↗

Since Oct 2023: 135 situations of this kind – went quiet 79%, activist sold out 19%, settled with the board 2%; median share price +4% six months after they opened

Every step · 10

28 Oct 2025 7.41768% – Lakestreet Capital Partners AG: 7.41768% ↗
5 Nov 2025 20.986% – Lakestreet Capital Partners AG: 20.986% (from 7.41768%) ↗
1 Dec 2025 16.2177% – Lakestreet Capital Partners AG: 16.2177% (from 20.986%) ↗
4 Dec 2025 14.7838% – Lakestreet Capital Partners AG: 14.7838% (from 16.2177%) ↗
5 Jan 2026 campaign – Lakestreet's proposals to appoint two new Directors and remove Steven Owen as a Director. ↗
5 Jan 2026 campaign – Steven Owen receives excessive remuneration while not owning a single share in Palace Capital. ↗
8 Jan 2026 campaign – Shareholders have been consulted on remuneration and are asked to vote on the Remuneration Report annually at the AGM. ↗
23 Jan 2026 campaign – Since 2022, the Company has returned £64 million to shareholders. There are now only five investment properties remaining, three of which are expected to be... ↗
23 Jul 2026 18.8158% – Lakestreet Capital Partners AG: 18.8158% (from 14.7838%) ↗
23 Sep 2026 campaign – Lakestreet Capital Partners AG: 18.8158% (from 18.8158%) ↗

What is happening

Palace Capital: Lakestreet Capital Partners AG campaign – campaign. ['campaign']

From the company's own announcements. Not investment advice.

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Also at Palace Capital 3 open

Insider conviction1 director buying – £492k in 1 buy Takeover targetPossible offer – approach Disposal of a part (break-up)Portfolio disposal and capital return – Buyback waiver vote pending; Lakestreet caps votes OverhangPeter Gyllenhammar AB selling down – 13.011% → 0.112% in 1 notice · closed OverhangPeter Gyllenhammar AB selling down – 19.698% → 5.99% in 2 notices · closed Palace Capital – company page →