Picton Property Supports Employees with Share Purchase

Picton Property Income (GB:PCTN) has released an update.

Picton Property Income Limited has announced that its Employee Benefit Trust acquired 275,000 ordinary shares at 74.9 pence each to satisfy long-term incentive and bonus plans for employees. The Trust now holds 0.5% of the company’s voting rights. Picton, a player in the UK commercial property market since 2005 with a £718 million portfolio, emphasizes an occupier-focused strategy and a commitment to net zero carbon by 2040.

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