26 June 2024
PICTON PROPERTY INCOME
LIMITED
('Picton' or the
'Company')
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
26 June 2024, been granted awards over ordinary shares in Picton
Property Income Limited, being deferred awards under the terms of
the Picton Property Income Limited 2018 Deferred Bonus Plan
('DBP'), as set out below:
|
PDMR
|
DBP share
award
|
DBP notional share
award
|
|
Michael Morris
|
241,129
|
-
|
|
Andrew Dewhirst
|
-
|
163,932
|
The deferred awards under the DBP
will vest, subject to the terms of the DBP, on 6 June 2026. 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:
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