Picton Property Income (GB:PCTN) has released an update.
Picton Property Income Limited, a UK commercial property portfolio company, has announced the acquisition of 57,500 ordinary shares by its Employee Benefit Trust at 73.30 pence per share to satisfy employee incentive plans. The Trust now holds 0.3% of the company’s voting rights. Picton, listed on the London Stock Exchange and part of the FTSE EPRA Nareit Global Index, manages a £718 million portfolio and is targeting net zero carbon by 2040.
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