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Picton Property Income’s employee benefit trust buys 1.2m shares

Published 18/09/2025, 17:58
Picton Property Income’s employee benefit trust buys 1.2m shares
PCTN
-1.65%

LONDON - Picton Property Income Limited (LSE:PCTN) announced Thursday that its Employee Benefit Trust has purchased 1.2 million ordinary shares at an average price of 76.5 pence per share.

The Trust, which holds shares to satisfy awards under the company’s Long-term Incentive Plan and Deferred Bonus Plan, now holds a total of 3,119,446 ordinary shares. This represents approximately 0.6% of the company’s current voting rights, according to the press release statement.

Picton Property Income is a UK commercial property investment company that owns and manages a portfolio valued at £726 million as of June 30, 2025. The portfolio consists of 47 assets with approximately 350 occupiers.

The company, established in 2005, is listed on the main market of the London Stock Exchange and is included in several EPRA indices, including the FTSE EPRA Nareit Global Index.

Picton’s portfolio is currently weighted toward the industrial sector, with the company focusing on generating income and capital growth through its property investments.

The announcement was made through a regulatory news service filing on September 18, 2025.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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