Employee Benefit Trust Share Purchase

 22 November 2018

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

Employee Benefit Trust Share Purchase

The Company was notified on 22 November 2018 by Intertrust Employee Benefit Trustee Limited, as trustee of the Picton Property Income Limited Employee Benefit Trust (the "Trust"), that it had completed the purchase of 472,000 ordinary shares in the Company at an average share price of 84.20 pence.

The Trust holds shares for the benefit of the Company's employees and in particular to satisfy awards made under the Company's Long Term Incentive Plan.

The Trust holds 1,542,000 ordinary shares representing approximately 0.3% of the Company's current voting rights.

For further information please contact:

Tavistock
Jeremy Carey/James Verstringhe, 020 7920 3150, [e-mail]

Picton Property Income Limited
Michael Morris, 020 7011 9980

Note to Editors

Picton is a UK REIT established in 2005. It owns and actively manages a £683 million diversified UK commercial property portfolio, invested across 49 assets and with around 350 occupiers (as at 30 September 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.

www.picton.co.uk

ENDS