Director/PDMR Shareholding

RNS Number : 1083X

Picton Property Income Limited

09 February 2012

 



9 February 2012

PICTON PROPERTY INCOME LIMITED

("Picton" or the "Company")

Director/PDMR Shareholding

Pursuant to Listing Rule DTR3.1, Picton Property Income Limited announces that the following beneficial holding of ordinary shares were acquired by Mr Trevor Ash, Director of the Company, on 6 February 2012.

50,000 ordinary shares at 42.89p representing 0.0144% of the Company's issued share capital.  The shares are registered under Pritchard Stockbrokers.  Mr Ash is the beneficial holder of a total of 150,000 ordinary shares representing 0.0434% of the Company's issued share capital.

Pursuant to Listing Rule DTR3.1.2, Picton Property Income Limited announces that the following beneficial holdings of ordinary shares were acquired by Mrs Joanne Morris, connected to persons discharging managerial responsibilities, on 6 February 2012:-

23,500 ordinary shares at 42.89p representing 0.0068% of the Company's issued share capital.  The shares are registered under James Capel Nominees Limited.  Mrs Morris is the beneficial holder of a total of 28,596 ordinary shares representing 0.0083% of the Company's issued share capital

Pursuant to Listing Rule DTR3.1.2, Picton Property Income Limited announces that the following beneficial holdings of ordinary shares were acquired by Mrs Elizabeth Thompson, connected to persons discharging managerial responsibilities, on 8February 2012:-

17,767 ordinary shares at 42p representing 0.0051% of the Company's issued share capital.  The shares are registered under Pritchard Stockbrokers.   Mrs Thompson is the beneficial holder of a total of 39,433 ordinary shares representing 0.0114% of the Company's issued share capital.

Pursuant to Listing Rule DTR3.1.2, Picton Property Income Limited announces that the following beneficial holdings of ordinary shares were acquired by Mr Andrew Dewhirst, person discharging managerial responsibilities, on 3 February 2012:-

6,964 ordinary shares at 42.89p representing 0.0020% of the Company's issued share capital.  The shares are registered under Barclayshare Nominees Limited.  Mr Dewhirst is the beneficial holder of a total of 11,964 ordinary shares representing 0.0034% of the Company's issued share capital.

-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') is an income focused, internally managed Investment Company listed on the London and Channel Islands Stock Exchanges.  It was established in 2005 to invest both directly and indirectly in commercial property across the United Kingdom.

With Net Assets of GBP 207.9 million at 31 December 2011 and approximately 850 investors, 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.

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

 

END

 

 

RDSVKLBBLLFEBBE