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Picton Property Income Ltd - Share Awards Vesting

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23 June 2022

PICTON PROPERTY INCOME LIMITED
(“Picton”, the “Company” or the “Group”)
LEI: 213800RYE59K9CKR4497

Share Awards Vesting

Picton announces the vesting of awards previously granted to Persons Discharging Managerial Responsibility (“PDMRs”) under the Picton Property Income Limited 2016 Long Term Incentive Plan (“LTIP”).

In respect of LTIP awards granted the following have now vested and been exercised over the number of ordinary shares as set out below:

PDMR

Grant date

Number of shares vested

Number of shares sold

Michael Morris

19 June 2019

177,760

85,942

Andrew Dewhirst

19 June 2019

116,041

56,102

Jay Cable

19 June 2019

81,343

81,343

The sale price for the shares sold was 92.3 pence per share. PDMRs who are Executive Directors sold sufficient shares to fund the tax liabilities arising on vesting of their share awards.

This notification is made in accordance with the Market Abuse Regulation.

For further information please contact:

Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited, 01481 745001, team_picton@ntrs.com

Note to Editors

Picton, established in 2005, is a UK REIT. It owns and actively manages a £849 million diversified UK commercial property portfolio, invested across 47 assets and with around 400 occupiers (as at 31 March 2022).

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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