Picton Property Income Ltd - Holding(s) in Company

PR Newswire

London, November 28

TR-1: S tandard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : Picton Property Income LD
1b. Please indicate if the issuer is a non-UK issuer � (please mark with an �X� if appropriate)
Non-UK issuer X
2. Reason for the notification (please mark the appropriate box or boxes with an �X�)
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligation iv
Name Investec Wealth & Investment Limited
City and country of registered office (if applicable) London, England
4. Full name of shareholder(s) (if different from 3.)v
Name N/A
City and country of registered office (if applicable) N/A
5. Date on which the threshold was crossed or reached vi : 27th November 2017
6. Date on which issuer notified (DD/MM/YYYY): 28th November 2017
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)		 Total of both in % (8.A + 8.B) Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached 14.97% 14.97% 540,053,660
Position of previous notification (if
applicable)		 15.00% 15.00%

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8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of
shares
ISIN code (if possible)		 Number of voting rights ix % of voting rights
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)		 Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)		 Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)		 Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Ordinary Shares GB00B0LCW208 80,822,342 Nil 14.97% Nil
SUBTOTAL 8. A 80,822,342 14.97%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument Expiration
date x 		Exercise/
Conversion Period xi 		Number of voting rights that may be acquired if the instrument is
exercised/converted. 		% of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument Expiration
date x 		Exercise/
Conversion Period xi 		Physical or cash
settlement xii 		Number of voting rights % of voting rights
SUBTOTAL 8.B.2

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9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an �X�)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
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 entityxiv (please add additional rows as necessary)		 X
Name xv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
Investec Wealth & Investment Limited 14.93% 14.93%
Investec Wealth & Investment (Channel Islands) Limited 0.04% 0.04%
10. In case of proxy voting, please identify:
Name of the proxy holder N/A
The number and % of voting rights held N/A
The date until which the voting rights will be held N/A
11. Additional information xvi

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Place of completion London, England
Date of completion 28th November 2017