4 June
2024
PICTON PROPERTY INCOME
LIMITED
('Picton' or the
'Company')
LEI:
213800RYE59K9CKR4497
Employee Benefit Trust Share
Purchase
The Company was notified on 4 June
2024 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 615,000 ordinary
shares in the Company at a share price of 68.7 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 2,392,440 ordinary
shares representing approximately 0.4% of the Company's current
voting rights.
For
further information please contact:
Picton
Kathy Thompson, Company
Secretary
020 7011 9988,
kathy.thompson@picton.co.uk
About Picton
Established in 2005, Picton is
listed on the main market of the London Stock Exchange and is a
constituent of a number of EPRA indices including the FTSE EPRA
Nareit Global Index.
Picton owns and actively manages a
£745 million UK commercial property portfolio, invested across 49
assets and with around 400 occupiers (as at 31 March
2024).
Through an occupier focused,
opportunity led approach, Picton aims to be one of the consistently
best performing diversified UK REITs and has delivered upper
quartile outperformance and a consistently higher income return
than the MSCI Quarterly Property Index since
launch.
With a portfolio strategically
positioned to capture income and capital growth, currently weighted
towards the industrial sector, Picton's agile business model
provides flexibility to adapt to evolving market trends over the
long-term.
Picton has a responsible approach to
business and is committed to being net zero carbon by
2040.
For more information please
visit: www.picton.co.uk
ENDS