PCTN Picton Property Income Ld

 
TIDMPCTN 
 
23 June 2021 
 
                        PICTON PROPERTY INCOME LIMITED 
                   ("Picton", the "Company" or the "Group") 
 
                           LEI: 213800RYE59K9CKR4497 
 
                             GRANT OF SHARE AWARDS 
 
Picton announces that the following awards have been granted to Persons 
Discharging Managerial Responsibility ("PDMRs"). 
 
Each of the following PDMRs have, on 22 June 2021, been granted awards over 
ordinary shares in Picton Property Income Limited, being contingent share 
awards in the form of nil-cost options under the terms of the Picton Property 
Income Limited 2016 Long Term Incentive Plan ("LTIP") and deferred awards under 
the terms of the Picton Property Income Limited 2018 Deferred Bonus Plan 
("DBP"), as set out below: 
 
         PDMR             LTIP share award      DBP share award    DBP notional share 
                                                                         award 
 
Michael Morris                403,339               186,666                - 
 
Andrew Dewhirst               241,358               126,933                - 
 
Jay Cable                     190,797                  -                 95,960 
 
The nil-cost options awarded under the LTIP will vest, subject to continued 
employment and the satisfaction of performance conditions, following completion 
of the performance period which ends on 31 March 2024. The actual number of 
shares that will vest will depend on the extent to which the performance 
conditions are satisfied over the performance period, which runs from 1 April 
2021 to 31 March 2024. No consideration was paid for any of the awards and no 
consideration is due on vesting. 
 
The deferred awards under the DBP will vest, subject to continued employment, 
on 22 June 2023. No consideration was paid for the awards and no consideration 
is due on vesting. 
 
 
This notification is made in accordance with the Market Abuse Regulation. 
 
 
 
For further information: 
 
Company Secretary 
Northern Trust International Fund Administration Services (Guernsey) Limited, 
1481 745001, 
team_picton@ntrs.com 
 
 
Note to Editors 
 
Picton, established in 2005, is a UK REIT. It owns and actively manages a £682 
million diversified UK commercial property portfolio, invested across 46 assets 
and with around 350 occupiers (as at 31 March 2021). 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 
 
 
 
END 
 
 

(END) Dow Jones Newswires

June 23, 2021 05:17 ET (09:17 GMT)

Picton Property Income Ld (LSE:PCTN)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024

Picton Property Income Ld (LSE:PCTN)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024