3 October 2017
PICTON PROPERTY INCOME LIMITED
(“Picton”, the “Company” or the “Group”)
Appointment of non-executive director
Picton (LSE: PCTN), the property investment company, is pleased to announce that Mark Batten has been appointed as a Non-Executive Director of the Company with effect from 1 October 2017.
Mark will in due course become chairman of the Audit & Risk Committee, taking over this role from Robert Sinclair who will retire from the Board in 2018, having agreed to stay on for a period to facilitate this transition.
With more than 25 years of experience in the property sector, Mark has recently retired from his position as a restructuring partner at PwC, where he led the UK Real Estate deals practice. He continues to sit on PwC’s Global Captive Board and is a member of the Institute of Chartered Accountants in England and Wales.
Nicholas Thompson, Chairman of Picton, commented:
"We are delighted to welcome Mark to Picton as a Non-Executive Director. His extensive experience in financial services, real estate, corporate finance structuring and transactions will broaden the skill set of our Board.”
For further information:
Jeremy Carey/James Verstringhe, 020 7920 3150, firstname.lastname@example.org
Picton Capital Limited
Sheryl Bates, 020 7011 9979, email@example.com
Note to Editors
Picton is a property investment company established in 2005. It owns and actively manages a £636 million diversified UK commercial property portfolio, invested across 53 assets and with around 350 occupiers (as at 30 June 2017). Through an occupier-focused, opportunity-led approach to real estate asset management, Picton aims to be one of the consistently best performing diversified UK property companies listed on the main market of the London Stock Exchange.
For more information please visit: www.picton.co.uk