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PCTN Picton Property Income Ld

64.20
-0.80 (-1.23%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Picton Property Income Ld LSE:PCTN London Ordinary Share GB00B0LCW208 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80 -1.23% 64.20 63.60 64.40 65.60 63.90 65.20 1,041,651 16:35:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 51.82M -89.53M -0.1642 -3.89 348.4M

Picton Prop Inc Ltd Directorate Change

20/05/2020 7:00am

UK Regulatory


 
TIDMPCTN 
 
20 May 2020 
 
                        PICTON PROPERTY INCOME LIMITED 
                   ("Picton", the "Company" or the "Group") 
                         LEI: 213800RYE59K9CKR4497 
 
                              Directorate Change 
 
Further to the announcement dated 27 November 2019 announcing Nick Wiles' 
appointment to the Board of Picton and as Chairman designate, Picton announces 
that due to a change of circumstances he will no longer assume the role of 
Chairman as envisaged and consequently will step down from the Board. 
 
This follows his appointment, announced today as Chief Executive of PayPoint 
Plc where he was previously Chairman for the past five years. This new 
appointment now precludes him from the Picton role. 
 
Nick Thompson, who was due to stand down from the Board later this year, will 
instead now remain as Chairman until a suitable replacement is identified. In 
the meantime, the process to find a new Chairman has commenced and Maria 
Bentley will resume her role as Chair of the Nominations Committee. 
 
Nick Thompson, Chairman of Picton, commented: 
 
"The search for a new Chairman has already commenced and at the request of the 
Board I am pleased to remain in position to ensure continuity during this 
period. We wish Nick well in his new role." 
 
For further information: 
 
Tavistock 
 
Jeremy Carey/James Verstringhe, 020 7920 3150, 
james.verstringhe@tavistock.co.uk 
 
Picton 
 
Michael Morris, 020 7011 9980, michael.morris@picton.co.uk 
 
Note to Editors 
 
Picton, established in 2005, is a UK REIT. It owns and actively manages a GBP665 
million diversified UK commercial property portfolio, invested across 47 assets 
and with around 350 occupiers (as at 31 March 2020). 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 
 
 
 
END 
 

(END) Dow Jones Newswires

May 20, 2020 02:00 ET (06:00 GMT)

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