t
Picton Property Income Limited held its Annual General Meeting on 30 July 2025, during which all proposed resolutions were passed by shareholders through a poll. These resolutions included the approval of the Annual Report and Accounts (99.99% for), the re-appointment of KPMG as Auditor (97.06% for), the re-election of four existing directors, the election of Helen Beck and Francis Salway as new directors, and the renewal of authority to make market acquisitions (96.49% for).
| Date | 30 Jul 2025 |
| Time | 14:56:17 |
| Category | AGMs and other meetings |
| ID | 2459T |
30 July 2025
PICTON PROPERTY INCOME LIMITED
('Picton' or the 'Company')
RESULTS OF ANNUAL GENERAL MEETING
At the Annual General Meeting ('AGM') of the Company held earlier today, all resolutions proposed, as set out in the Notice of AGM sent to shareholders dated 2 June 2025, were duly passed with the requisite majority by means of a poll.
The results of the poll are set out below.
|
|
Ordinary Resolutions
|
Total Votes For |
% |
Total Votes Against |
% |
Withheld* |
|
1 |
Receive Annual Report and Accounts |
303,782,600 |
99.99 |
26,615 |
0.01 |
312,671 |
|
2 |
Re-appoint KPMG as Auditor |
295,174,226 |
97.06 |
8,931,013 |
2.94 |
16,647 |
|
3 |
Authorise Auditor's remuneration |
301,772,645 |
99.24 |
2,298,751 |
0.76 |
50,490 |
|
4 |
Re-election of Mark Batten |
283,043,410 |
93.09 |
21,018,173 |
6.91 |
60,303 |
|
5 |
Re-election of Saira Johnston |
302,812,616 |
99.59 |
1,248,967 |
0.41 |
60,303 |
|
6 |
Re-election of Richard Jones |
290,229,976 |
95.45 |
13,831,607 |
4.55 |
60,303 |
|
7 |
Re-election of Michael Morris |
302,815,283 |
99.59 |
1,246,300 |
0.41 |
60,303 |
|
8 |
Election of Helen Beck |
303,999,786 |
99.98 |
61,797 |
0.02 |
60,303 |
|
9 |
Election of Francis Salway |
297,681,006 |
97.90 |
6,383,735 |
2.10 |
57,145 |
|
10 |
Receive and adopt the Directors' Remuneration Report |
301,961,707 |
99.29 |
2,144,734 |
0.71 |
15,445 |
|
|
||||||
|
|
Special Resolution |
Total Votes For |
% |
Total Votes Against |
% |
Withheld* |
|
11 |
Renew authority to make market acquisitions |
293,250,892 |
96.49 |
10,677,595 |
3.51 |
193,399 |
|
|
||||||
|
|
Extraordinary Resolutions |
Total Votes For |
% |
Total Votes Against |
% |
Withheld* |
|
12 |
To disapply pre-emption rights for new ordinary shares |
303,364,037 |
99.77 |
704,893 |
0.23 |
52,956 |
|
13 |
To disapply pre-emption rights for new ordinary shares |
302,223,043 |
99.39 |
1,845,887 |
0.61 |
52,956 |
* A vote withheld is not a vote in law and is therefore not included in the calculation of votes For/Against.
In accordance with Listing Rule 6.4.2 a copy of the resolutions passed at the AGM, other than resolutions constituting ordinary business, will shortly be available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism
For further information:
Picton
Kathy Thompson, Company Secretary
020 7011 9988, [email protected]
About Picton
Established in 2005, Picton is listed on the main market of the London Stock Exchange and is a constituent of a number of EPRA indices including the FTSE EPRA Nareit Global Index.
Picton owns and actively manages a £726 million UK commercial property portfolio, invested across 47 assets and with around 350 occupiers (as at 30 June 2025).
Through an occupier focused, opportunity led approach, Picton aims to be the consistently best performing diversified UK REIT and has delivered upper quartile outperformance and a consistently higher income return than the MSCI UK Quarterly Property Index since launch.
With a portfolio strategically positioned to capture income and capital growth, currently weighted towards the industrial sector, Picton's agile business model provides flexibility to adapt to evolving market trends over the long-term.
Picton has a responsible approach to business and is committed to being net zero carbon by 2040.
For more information please visit:www.picton.co.uk
LEI: 213800RYE59K9CKR4497
ENDS