TIDMPCTN TIDMPCTZ 
 
14 Oct 2016 
 
                        PICTON PROPERTY INCOME LIMITED 
                            ("Picton" or "Company") 
 
                    PICTON SECURES GBP5.25 MILLION SETTLEMENT 
 
Picton (LSE:PCTN), the income focused property investment company, will receive 
a payment of GBP5.25 million following the final settlement of a dispute arising 
from guarantee provisions within an occupational lease at the Strathmore Hotel, 
Luton. 
 
The settlement will have an accretive effect of just less than 1.0 pence per 
share on the forthcoming quarterly NAV for the period to 30 September 2016 as 
it relates to a dispute dating back to 2014.  It will further reduce the 
Company's net gearing, when received in November. 
 
The property's current leasing arrangements and valuation are unaffected by the 
settlement. 
 
                                     ENDS 
 
 
 
For further information: 
 
Tavistock 
Jeremy Carey/James Verstringhe, 020 7920 3150, jverstringhe@tavistock.co.uk 
 
 
Picton Capital Limited 
Michael Morris, 020 7011 9980, michael.morris@picton.co.uk 
 
 
Note to Editors 
Picton is an income focused property investment company listed on the London 
Stock Exchange. Picton can invest both directly and indirectly in commercial 
property across the United Kingdom. 
 
With Net Assets of GBP418.0 million at 30 June 2016, the Company´s objective is 
to provide shareholders with an attractive level of income, together with the 
potential for capital growth by investing in the principal commercial property 
sectors.  www.picton.co.uk 
 
 
 
 
END 
 

(END) Dow Jones Newswires

October 14, 2016 02:00 ET (06:00 GMT)