Company Announcements

Picton Property Income Ltd - Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B0LCW208

Issuer Name

PICTON PROPERTY INCOME LIMITED

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Investec Wealth & Investment Limited

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

22-Sep-2021

6. Date on which Issuer notified

23-Sep-2021

7. Total positions of person(s) subject to the notification obligation


       .        % of voting     % of voting     Total of both in Total number of
                rights attached rights through  % (8.A + 8.B)    voting rights
                to shares       financial                        held in issuer
                (total of 8.A)  instruments
                                (total of 8.B 1
                                + 8.B 2)

Resulting       13.990000       0.000000        13.990000        76625683
situation on
the date on
which threshold
was crossed or
reached

Position of     14.010000       0.000000        14.010000
previous
notification
(if applicable)



8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares


Class/Type of    Number of direct Number of         % of direct   % of indirect
shares ISIN code voting rights    indirect voting   voting rights voting rights
(if possible)    (DTR5.1)         rights (DTR5.2.1) (DTR5.1)      (DTR5.2.1)

Ordinary Shares  76625683                           13.990000
GB00B0LCW208

Sub Total 8.A    76625683                           13.990000%



8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))


Type of        Expiration Exercise/conversion Number of voting    % of voting
financial      date       period              rights that may be  rights
instrument                                    acquired if the
                                              instrument is
                                              exercised/converted

Sub Total 8.B1



8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))


Type of    Expiration Exercise/conversion Physical or Number of     % of voting
financial  date       period              cash        voting rights rights
instrument                                settlement

Sub Total
8.B2



9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)


Ultimate        Name of         % of voting     % of voting     Total of both if
controlling     controlled      rights if it    rights through  it equals or is
person          undertaking     equals or is    financial       higher than the
                                higher than the instruments if  notifiable
                                notifiable      it equals or is threshold
                                threshold       higher than the
                                                notifiable
                                                threshold

Investec Wealth Investec Wealth 13.810000                       13.810000%
& Investment    & Investment
Limited         Limited

Investec Wealth Investec Wealth 0.180000                        0.180000%
& Investment    & Investment
Limited         (Channel
                Islands)
                Limited



10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

23-Sep-2021

13. Place Of Completion

UK