Picton Prop Inc Ltd Posting of Shareholder Circular

 
TIDMPCTN 
 
28 June 2018 
 
                        PICTON PROPERTY INCOME LIMITED 
                   ("Picton", the "Company" or the "Group") 
 
                           LEI: 213800RYE59K9CKR4497 
 
                        Posting of Shareholder Circular 
 
Picton announces that a shareholder circular (the "Circular") will today be 
sent to shareholders giving notice of an Extraordinary General Meeting of the 
Company ("EGM") to be held at Trafalgar Court, Les Banques, St Peter Port, 
Guernsey at 2.30 p.m. on 23 July 2018. 
 
The Circular contains details of the resolutions to be put to shareholders at 
the EGM in relation to the proposals for the Company to (i) adopt New Articles 
in connection with its application for the Group to become a REIT Group and 
(ii) transfer the listing of the whole of the Company's issued share capital 
from that of a premium listed closed-ended investment fund under Chapter 15 of 
the Listing Rules to a premium listed commercial company under Chapter 6 of the 
Listing Rules. 
 
Conditional on, inter alia, the passing of the proposed resolutions at the EGM, 
the expected date of the Group's entry into the REIT Regime and the effective 
date for the transfer of the listing category of the Company will be 1 October 
2018. 
 
The Circular will today be available on the Company's website at http:// 
www.picton.co.uk/. In accordance with Listing Rule 9.6.1, a copy of this 
document will also be submitted to the UK Listing Authority via the National 
Storage Mechanism and will shortly be available for viewing at http:// 
www.morningstar.co.uk/uk/NSM. 
 
For further information, please contact: 
 
Picton Capital Limited 
Michael Morris 
Tel: [phone] 
Email: [e-mail] 
 
Stifel Nicolaus Europe Limited 
Tom Yeadon 
Tel: [phone] 
Email: [e-mail] 
 
Tavistock 
Jeremy Carey/James Verstringhe 
Tel: [phone] 
Email: [e-mail] 
 
Note to Editors 
 
Picton is a property investment company established in 2005.  It owns and 
actively manages a GBP684 million diversified UK commercial portfolio, invested 
across 51 assets and with around 360 occupiers (as at 31 March 2018). Through 
an occupier focused, opportunity led approach to asset management, Picton aims 
to be one of the consistently best performing diversified UK focused property 
companies listed on the main market of the London Stock Exchange. 
 
This announcement contains forward looking statements. 
 
For more information please visit: www.picton.co.uk 
 
 
 
END 
 

(END) Dow Jones Newswires

June 28, 2018 12:17 ET (16:17 GMT)