25 September
2019
PICTON PROPERTY INCOME LIMITED
(“Picton”, the “Company” or the “Group”)
LEI: 213800RYE59K9CKR4497
Employee Benefit
Trust Share Purchase
The Company was notified on 24 September
2019 by Intertrust Employee Benefit Trustee Limited, as
trustee of the Picton Property Income Limited Employee Benefit
Trust (the "Trust"), that it had completed the purchase of 954,000
ordinary shares in the Company at an average share price
88.26 pence.
The Trust holds shares for the benefit of the Company's
employees and in particular to satisfy awards made under the
Company's Long-term Incentive Plan and Deferred Bonus Plan.
The Trust holds 2,103,683 ordinary shares representing
approximately 0.4% of the Company's current voting rights.
For further information please
contact:
Tavistock
Jeremy Carey/James Verstringhe, 020 7920 3150,
james.verstringhe@tavistock.co.uk
Picton Property Income Limited
Michael Morris, 020 7011 9980
Note to Editors
Picton is a UK REIT established in 2005. It owns and actively
manages a £688 million diversified UK commercial property
portfolio, invested across 49 assets and with around 350 occupiers
(as at 30 June 2019). Through an
occupier focused, opportunity led approach to asset management,
Picton aims to be one of the consistently best performing
diversified UK focused property companies listed on the main market
of the London Stock Exchange.
For more information please visit:
www.picton.co.uk
ENDS