Picton Property Income Ltd (PCTN)

Sector:

Real Estate

Index:

FTSE Small Cap

77.50p
   
  • Change Today:
    -0.20p
  • 52 Week High: 78.00
  • 52 Week Low: 59.70
  • Currency: UK Pounds
  • Shares Issued: 529.94m
  • Volume: 1,077,852
  • Market Cap: £410.70m

UK Commercial Property REIT in talks with Picton on possible merger

By Frank Prenesti

Date: Wednesday 08 Nov 2023

LONDON (ShareCast) - (Sharecast News) - UK Commercial Property REIT on Wednesday said it was in talks with Picton Property Income Limited on a possible all-share merger.


UKCM said "there can be no certainty either that an offer will be made nor as to the terms of any such offer".

In a separate statement, Picton said under the terms of its proposal to UKCM, the combined company would be "internally managed".

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PCTN Market Data

Currency UK Pounds
Share Price 77.50p
Change Today -0.20p
% Change -0.26 %
52 Week High 78.00
52 Week Low 59.70
Volume 1,077,852
Shares Issued 529.94m
Market Cap £410.70m

PCTN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.78% below the market average37.78% below the market average37.78% below the market average37.78% below the market average37.78% below the market average
70.59% below the sector average70.59% below the sector average70.59% below the sector average70.59% below the sector average70.59% below the sector average
Price Trend
59.40% above the market average59.40% above the market average59.40% above the market average59.40% above the market average59.40% above the market average
72.22% above the sector average72.22% above the sector average72.22% above the sector average72.22% above the sector average72.22% above the sector average
Income
40.82% above the market average40.82% above the market average40.82% above the market average40.82% above the market average40.82% above the market average
28.00% above the sector average28.00% above the sector average28.00% above the sector average28.00% above the sector average28.00% above the sector average
Growth
31.61% below the market average31.61% below the market average31.61% below the market average31.61% below the market average31.61% below the market average
3.03% below the sector average3.03% below the sector average3.03% below the sector average3.03% below the sector average3.03% below the sector average

What The Brokers Say

Strong Buy 0
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PCTN Dividends

  Latest Previous
  Q4 Q3
Ex-Div 15-May-25 06-Feb-25
Paid 30-May-25 28-Feb-25
Amount 0.93p 0.93p

Trades for 30-May-2025

Time Volume / Share Price
16:35 341,646 @ 77.50p
16:35 3,301 @ 77.50p
16:35 3,669 @ 77.50p
16:35 261 @ 77.50p
16:35 1,230 @ 77.50p

PCTN Key Personnel

CEO Michael Morris
CFO Saira Johnston

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