Director Declaration

RNS Number : 2407N

Picton Property Income Limited

30 August 2011

 



30 August 2011

PICTON PROPERTY INCOME LIMITED

("Picton" or the "Company")

In accordance with the requirements of the Listing Rule 9.6.14, Picton advises the following change to directorships in other publicly quoted companies, held by the following member of the Board:

Mr Robert Sinclair was appointed to the Board of Aisi Realty Public Limited, with effect from 9 August 2011.

-ENDS-

For further information:

Northern Trust International Fund Administration Services (Guernsey) Limited

David Sauvarin, 01481 745529, [e-mail]

Notes to Editors

Picton Property Income Limited* ('Picton'), a closed-end Investment Company listed on the London and Channel Islands Stock Exchanges, was established in 2005 to invest both directly and indirectly in commercial property across the United Kingdom.

With approximately 850 investors and a Net Asset Value of GBP 209 million at 30 June 2011, the Company's objective is to provide shareholders with an attractive level of income, together with the potential for capital growth by investing in the principal commercial property sectors.

On the 1 January 2012 the Company will become a self managed property investment company with Picton Capital Limited, a wholly owned subsidiary of Picton Property Income Limited, taking over investment management from ING REIM UK Limited.

*Picton Property Income Limited changed its name from ING UK Real Estate Income Trust Limited on 1 June 2011.

 

END

 

 

RDNEAAPEDSDFEFF