Market Capitalisation £445.75M

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Picton Property Income Ltd - Change to Reporting Timetable

PR Newswire

2 August 2018

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

LEI: 213800RYE59K9CKR4497

Change to reporting timetable

Picton has reviewed its financial reporting calendar with a view to streamlining the process, incorporating additional requirements as part of its forthcoming UK REIT conversion and in particular in relation to the Corporate Governance Code.

With immediate effect the Company will make the following changes in respect of its reporting timetable:

  • The announcement of the audited annual results to 31 March will be brought forward to late May for the 2018/2019 financial year.
  • Quarterly updates including the unaudited Net Asset Value will no longer be issued for the quarters to 31 March and 30 September respectively (where there is overlap with subsequent interim and annual results).

The announcement of the interim results to 30 September will continue to be made in November. The Company will continue to receive a quarterly independent valuation of its property portfolio and the quarterly dividend timetable will remain unchanged.

For further information please contact:

Tavistock
Jeremy Carey/James Verstringhe, 020 7920 3150, james.verstringhe@tavistock.co.uk

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

Occupier focused, Opportunity led