PICTON PROPERTY INCOME LTD - Holding(s) in Company

PR Newswire



For filings with the FCA include the annex

For filings with issuer exclude the annex


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer   PICTON PROPERTY INCOME LIMITED
of existing shares to which voting rights are
attached:ii

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                     YES

An acquisition or disposal of qualifying financial instruments which may
result in theacquisition of shares already issued to which voting rights
are attached

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the              J O HAMBRO CAPITAL MANAGEMENT
notification obligation:iii                                       LIMITED

4. Full name of shareholder(s)
 (if differentfrom 3.):iv

5. Date of the transaction and date on
which the threshold is crossed or                     12 NOVEMBER 2014
reached:v

6. Date on which issuer notified:                     13 NOVEMBER 2014

7. Threshold(s) that is/are crossed or                BELOW 5%
reached:vi, vii



8. Notified details:

A: Voting rights attached to sharesviii, ix

Class/type     Situation previous      Resulting situation after the triggering transaction
of             to the triggering
shares         transaction


if possible    Number      Number    Number     Number of voting        % of  voting rightsx
using          of          of        of shares       rights
the ISIN       Shares      Voting
CODE                       Rights
                                     Direct     Directxi    Indirectxii Direct   Indirect


GB00B0LCW208   22197339    22197339  21797339   21797339                4.96%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial  Expiration Exercise/             Number of voting      % of voting
instrument         date xiii  Conversion Period xiv rights that may be    rights
                                                    acquired if the
                                                    instrument is
                                                    exercised/ converted.




Total (A+B)

Number of voting rights                       Percentage of voting rights

21797339                                      4.96%




9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:xxi


NOT APPLICABLE


Proxy Voting:

10. Name of the proxy holder:                                                   -

11. Number of voting rights proxy holder will cease                             -
to hold:

12. Date on which proxy holder will cease to hold                               -
voting rights:


                                                                   -
13. Additional information:

14. Contact name:                                                  Simon Gartery

15. Contact telephone number:                                      0207 747 5637