For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250527:nRSa2792Ka&default-theme=true
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 Ordinary Shares of no par value
Identification Code
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 Price(s) Volume(s) Total
£0.742 275,000 £204,187.50
- Aggregated value
- Price
e) Date of the transaction 23 May 2025
f) Place of the transaction London Stock Exchange
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 Ordinary Shares of no par value
Identification Code
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 Price(s) Volume(s) Total
£0.736 20,371 £14,992.97
- Aggregated value
- Price
e) Date of the transaction 23 May 2025
f) Place of the transaction London Stock Exchange
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
(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 £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 (http://www.picton.co.uk)
LEI: 213800RYE59K9CKR4497
ENDS
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHBSGDUCDDDGUR