Result of Annual General Meeting

Picton Property Income Limited
30 July 2024
 

 

30 July 2024

 

PICTON PROPERTY INCOME LIMITED

('Picton' or the 'Company')

LEI: 213800RYE59K9CKR4497

RESULT OF ANNUAL GENERAL MEETING

 

At the Annual General Meeting of the Company held today, all Ordinary and Special Business Resolutions set out in the Annual General Meeting Notice sent to Shareholders dated 4 June 2024 were duly passed.

 

The Board is pleased to note that all resolutions received the requisite majority of votes and thanks the Company's shareholders for their support.

 

Details of the proxy voting results which should be read alongside the Notice are noted below:

 

Ordinary Resolution

For

%

Discretion

(voted in favour)

%

Against

%

Abstain

1

323,887,820

98.17

1,090

0.00

6,036,573

1.83

314,781

2

324,117,934

98.15

1,390

0.00

6,111,102

1.85

9,838

3

330,009,135

99.93

1,390

0.00

221,486

0.07

8,253

4

329,302,831

99.72

1,390

0.00

921,018

0.28

15,025

5

329,302,578

99.72

1,390

0.00

921,271

0.28

15,025

6

327,036,141

99.03

1,390

0.00

3,187,708

0.97

15,025

7

322,903,865

97.78

1,090

0.00

7,320,284

2.22

15,025

8

327,045,293

99.04

1,090

0.00

3,178,856

0.96

15,025

9

326,146,322

99.29

1,090

0.00

2,319,107

0.71

1,773,745

10

325,632,014

98.61

1,090

0.00

4,591,492

1.39

15,668

11

329,830,787

99.90

1,090

0.00

334,333

0.10

74,054

Special Resolution

For

%

Discretion

(voted in favour)

%

Against

%

Abstain

12

330,181,250

99.99

9,090

0.00

20,169

0.01

29,755

13

320,516,543

97.08

1,390

0.00

9,639,269

2.92

83,062

Extraordinary Resolution

For

%

Discretion

(voted in favour)

%

Against

%

Abstain

14

328,578,138

99.51

9,390

0.00

1,623,066

0.49

29,670

15

322,559,645

97.69

1,390

0.00

7,638,195

2.31

41,034

 

 

For further information:

 

Picton

Kathy Thompson, Company Secretary

020 7011 9988, kathy.thompson@picton.co.uk

 

About Picton

Established in 2005, Picton is listed on the main market of the London Stock Exchange and is a constituent of a number of EPRA indices including the FTSE EPRA Nareit Global Index.

Picton owns and actively manages a £745 million UK commercial property portfolio, invested across 49 assets and with around 400 occupiers (as at 31 March 2024).

Through an occupier focused, opportunity led approach, Picton aims to be one of the consistently best performing diversified UK REITs and has delivered upper quartile outperformance and a consistently higher income return than the MSCI Quarterly Property Index since launch. 

With a portfolio strategically positioned to capture income and capital growth, currently weighted towards the industrial sector, Picton's agile business model provides flexibility to adapt to evolving market trends over the long-term.

Picton has a responsible approach to business and is committed to being net zero carbon by 2040.

For more information please visit: www.picton.co.uk

 

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