Picton Property Income Ltd - Directorate Change

6 August 2018

PICTON PROPERTY INCOME LIMITED
(“Picton”, the “Company” or the “Group”)

LEI: 213800RYE59K9CKR4497

Non Executive Director Appointment

Picton (LSE: PCTN), the property investment company, is pleased to announce that Maria Bentley will be appointed as a Non-Executive Director of the Company with effect from 1 October 2018. 

Maria will also become the chairman of the Remuneration Committee, taking over this role from Vic Holmes who will retire from the Board, alongside Robert Sinclair on 30^th September, as part of the transition to a UK REIT.

With over 35 years of experience in the financial services sector, Maria is currently a non executive of Nomura Europe Holdings plc  and Nomura International plc (& is a member of their Audit, Remuneration, Nominations & Governance, and Financial Conduct Committees).  Until last year she was a Senior Managing Director and their Global Head of HR for their wholesale business.  Previously she has held senior HR roles at inter alia UBS and Goldman Sachs.

This announcement is issued in accordance with Listing Rule LR 9.6.11. There are no additional matters that would require disclosure under LR 9.6.13 R (1) to (6) in relation to this appointment.

Nicholas Thompson, Chairman of Picton, commented:

“We are delighted to welcome Maria to Picton as a Non-Executive Director. Her extensive experience in financial services and HR matters will further broaden the skill set of our Board.”

For further information please contact:

Tavistock
Jeremy Carey/James Verstringhe, 020 7920 3150, [e-mail]

Picton Capital Limited
Michael Morris, 020 7011 9980

Note to Editors

Picton is a property investment company established in 2005. It owns and actively manages a £678 million diversified UK commercial property portfolio, invested across 49 assets and with around 360 occupiers (as at 30 June 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.

For more information please visit: www.picton.co.uk

ENDS

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