Picton Property Inc. - Director/PDMR Shareholding

Picton Property Income

27/05/2025 15:30

RNS Number : 2792K

Picton Property Income Limited

27 May 2025

 

27 May 2025

PICTON PROPERTY INCOME LIMITED

('Picton' or the 'Company')

Director / PDMR Shareholding

 

Picton announces that on 23 May 2025, Francis Salway, Chair of Picton, and a Person Closely Associated ('PCA') with Helen Beck, a Non-Executive Director of Picton, both persons discharging managerial responsibilities ('PDMR'), acquired shares in the Company, as set out in the tables below.

Following these acquisitions, Francis Salway is the beneficial owner of 275,000 ordinary shares, representing 0.052% of the Company's issued share capital as at 23 May 2025; and Helen Beck, together with her PCAs, is the beneficial owner of 20,371 ordinary shares in the Company, representing 0.004% of the Company's issued share capital as at 23 May 2025.

This announcement is made in accordance with the UK Market Abuse Regulation.

 

1.
Details of PDMR / person closely associated
Name
Francis William Salway
2.
Reason for the notification
a)
Position / status
Chair of the Board
b)
Initial notification / amendment
Initial Notification
3.
Details of the issuer or emission allowance market participant
a)
Full name of the entity
Picton Property Income Limited
b)
Legal Entity Identifier Code
213800RYE59K9CKR4497
4.
Details of the transaction(s)
a)
Description of the financial instrument
Identification Code
Ordinary Shares of no par value
GB00B0LCW208
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.74
275,000
GBP British Pounds
d)
Aggregated information
- Aggregated value
- Price
Price(s)
Volume(s)
Total
£0.742
275,000
£204,187.50
e)
Date of the transaction
23 May 2025
f)
Place of the transaction
London Stock Exchange

 

1.
Details of PDMR / person closely associated
Name
Robert Clift
2.
Reason for the notification
a)
Position / status
Person Closely Associated with a Person Discharging Managerial Responsibilities (Helen Beck - Director)
b)
Initial notification / amendment
Initial Notification
3.
Details of the issuer or emission allowance market participant
a)
Full name of the entity
Picton Property Income Limited
b)
Legal Entity Identifier Code
213800RYE59K9CKR4497
4.
Details of the transaction(s)
a)
Description of the financial instrument
Identification Code
Ordinary Shares of no par value
GB00B0LCW208
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.74
20,371
GBP British Pounds
d)
Aggregated information
- Aggregated value
- Price
Price(s)
Volume(s)
Total
£0.736
20,371
£14,992.97
e)
Date of the transaction
23 May 2025
f)
Place of the transaction
London Stock Exchange

 

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 £723 million UK commercial property portfolio, invested across 47 assets and with around 350 occupiers (as at 31 March 2025).

 

Through an occupier focused, opportunity led approach, Picton aims to be the consistently best performing diversified UK REIT and has delivered upper quartile outperformance and a consistently higher income return than the MSCI UK 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

 

LEI: 213800RYE59K9CKR4497

 

ENDS

 

 

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