TIDMPCTN 
 
24 June 2021 
 
                        PICTON PROPERTY INCOME LIMITED 
                   ("Picton", the "Company" or the "Group") 
                           LEI: 213800RYE59K9CKR4497 
 
                             SHARE AWARDS VESTING 
 
Picton announces the vesting of awards previously granted to Persons 
Discharging Managerial Responsibility ("PDMRs") under the Picton Property 
Income Limited 2016 Long Term Incentive Plan ("LTIP") and under the Picton 
Property Income Limited 2018 Deferred Bonus Plan ("DBP") 
 
In respect of the LTIP and DBP awards granted on the following dates the 
following awards have now vested and been exercised over the number of ordinary 
shares as set out below: 
 
      PDMR         Plan    Grant date   Number of shares    Number of      Number of 
                                             vested          notional     shares sold 
                                                          shares vested 
 
Michael Morris     LTIP   8 June 2018       220,264             -           103,733 
 
Michael Morris     DBP    19 June 2019      175,137             -            82,480 
 
Andrew Dewhirst    LTIP   8 June 2018       129,222             -            60,857 
 
Andrew Dewhirst    DBP    19 June 2019      116,758             -            54,988 
 
Jay Cable          LTIP   8 June 2018        99,118             -            99,118 
 
Jay Cable          DBP    19 June 2019         -              74,661           - 
 
The sale price for the shares sold was 87.1 pence per share. PDMRs who are 
Executive Directors sold sufficient shares to fund the tax liabilities arising 
on vesting of their share awards. 
 
This notification is made in accordance with the Market Abuse Regulation. 
 
For further information: 
 
Company Secretary 
 
Northern Trust International Fund Administration Services (Guernsey) Limited, 
01481 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. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

June 24, 2021 08:01 ET (12:01 GMT)

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