Palliser Capital Commends the Initial Reduction in Keisei’s OLC Stake; Looks Forward to Working with Keisei Management on Further Steps to Unlock Value

LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”), the eighth largest shareholder of Keisei Electric Railway Co., Ltd. (9009 JT) (“Keisei” or the “Company”) with a stake of 1.6% commends Keisei’s decision to reduce the size of its stake in the Oriental Land Company (“OLC”) and is encouraged that the capital released will be used to bolster shareholder returns and fund strategic and growth initiatives. Palliser believes this marks a pivotal change in the strategic direction of the Company,