Issue of Equity Clarification

RNS Number : 2049O

Picton Property Income Limited

17 September 2013

 



17 September 2013

PICTON PROPERTY INCOME LIMITED

("Picton" or the "Company")

ANNUAL GENERAL MEETING

The Annual General Meeting of the Company takes place on 19 September 2013. In respect of Resolution 9 being proposed at the Meeting, the Company wishes to clarify, for the avoidance of doubt, that any issue of new ordinary shares pursuant to Article 4.17 of the Articles will be at a price not less than the net asset value per share as close as practicable to the allotment or sale.

For further information:

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey                                                                                                             

GY1 3QL

Rachael Falla

Tel:  [phone]

Fax: [phone]

Notes to Editors

Picton Property Income Limited ('Picton') is an income focused, property 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 £169.6 million at 30 June 2013 and approximately 860 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. www.pictonproperty.co.uk 

 

END

 

 

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