Last checked at 17 Sep 2013 12:30
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: 01481 745823
Fax: 01481 745051
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