Picton Property Inc. - Appointment of Non-Executive Director

Picton Property Income

23/07/2024 08:00

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RNS Number : 3587X  Picton Property Income Limited  23 July 2024

 
23 July 2024

PICTON PROPERTY INCOME LIMITED

('Picton' or the 'Company')

LEI: 213800RYE59K9CKR4497

 

Appointment of Non-Executive Director

The Board of Picton is pleased to announce the appointment of Helen Beck as an
independent Non-Executive Director of the Company with effect from 1 August
2024. Helen will become Chair of the Remuneration Committee and a member of
the Audit and Risk, Nomination and Property Valuation committees.

 

Helen has more than 25 years' experience in financial services, particularly
in remuneration design, regulation and human resources. She was formerly a
partner of Deloitte and, before that, was Global Head of Reward at Standard
Bank, Head of McLagan Europe (part of Aon) and held roles in human resources
at Fidelity International.

 

Helen has been a Non-Executive Director of Funding Circle Holdings plc since
June 2021, where she chairs the Remuneration Committee and is a member of the
Nomination, Audit and Risk and ESG committees. Until 18 April 2024, she was a
Non-Executive Director of Ashmore Group plc.

 

As previously announced Maria Bentley will retire from the Board on 30 July
2024.

 

Lena Wilson, Chair of Picton, commented: "We are delighted to welcome Helen to
Picton. Her executive career and non-executive experience will further
complement and strengthen the Board."

 

 

There are no other details that are required to be disclosed in respect of
Rule 9.6.13 of the Listing Rules.

 

 

For further information:

 

Picton

Kathy Thompson, Company Secretary

020 7011 9988, kathy.thompson@picton.co.uk
(mailto: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 (http://www.picton.co.uk)

ENDS

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