REG - Picton Property Inc. - RESULTS OF ANNUAL GENERAL MEETING

Picton Property IncomeAnnouncement

30/07/2025 15:00

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RNS Number : 2459T  Picton Property Income Limited  30 July 2025

 

30 July 2025

 

PICTON PROPERTY INCOME LIMITED

('Picton' or the 'Company')

RESULTS OF ANNUAL GENERAL MEETING

 

At the Annual General Meeting ('AGM') of the Company held earlier today, all
resolutions proposed, as set out in the Notice of AGM sent to shareholders
dated 2 June 2025, were duly passed with the requisite majority by means of a
poll.

 

The results of the poll are set out below.

 

     Ordinary Resolutions                                    Total Votes  %      Total Votes  %     Withheld*

                                                             For                 Against
 1   Receive Annual Report and Accounts                      303,782,600  99.99  26,615       0.01  312,671
 2   Re-appoint KPMG as Auditor                              295,174,226  97.06  8,931,013    2.94  16,647
 3   Authorise Auditor's remuneration                        301,772,645  99.24  2,298,751    0.76  50,490
 4   Re-election of Mark Batten                              283,043,410  93.09  21,018,173   6.91  60,303
 5   Re-election of Saira Johnston                           302,812,616  99.59  1,248,967    0.41  60,303
 6   Re-election of Richard Jones                            290,229,976  95.45  13,831,607   4.55  60,303
 7   Re-election of Michael Morris                           302,815,283  99.59  1,246,300    0.41  60,303
 8   Election of Helen Beck                                  303,999,786  99.98  61,797       0.02  60,303
 9   Election of Francis Salway                              297,681,006  97.90  6,383,735    2.10  57,145
 10  Receive and adopt the Directors' Remuneration Report    301,961,707  99.29  2,144,734    0.71  15,445

     Special Resolution                                      Total Votes  %      Total Votes  %     Withheld*

                                                             For                 Against
 11  Renew authority to make market acquisitions             293,250,892  96.49  10,677,595   3.51  193,399

     Extraordinary Resolutions                               Total Votes  %      Total Votes  %     Withheld*

                                                             For                 Against
 12  To disapply pre-emption rights for new ordinary shares  303,364,037  99.77  704,893      0.23  52,956
 13  To disapply pre-emption rights for new ordinary shares  302,223,043  99.39  1,845,887    0.61  52,956

 

 

* A vote withheld is not a vote in law and is therefore not included in the
calculation of votes For/Against.

 

In accordance with Listing Rule 6.4.2 a copy of the resolutions passed at the
AGM, other than resolutions constituting ordinary business, will shortly be
available for inspection at the National Storage Mechanism
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

 

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 £726 million UK commercial property
portfolio, invested across 47 assets and with around 350 occupiers (as at 30
June 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

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