Picton Property Income Ltd (PCTN)

Sector:

Real Estate

Index:

FTSE Small Cap

76.60p
   
  • Change Today:
      1.70p
  • 52 Week High: 77.00p
  • 52 Week Low: 59.70p
  • Currency: UK Pounds
  • Shares Issued: 530.19m
  • Volume: 612,370
  • Market Cap: £406.12m
  • Beta: 0.01

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 76.60p
Change Today 1.70p
% Change 2.27 %
52 Week High 77.00p
52 Week Low 59.70p
Volume 612,370
Shares Issued 530.19m
Market Cap £406.12m
Beta 0.01

PCTN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.97% below the market average36.97% below the market average36.97% below the market average36.97% below the market average36.97% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average
Price Trend
45.58% above the market average45.58% above the market average45.58% above the market average45.58% above the market average45.58% above the market average
38.89% above the sector average38.89% above the sector average38.89% above the sector average38.89% above the sector average38.89% above the sector average
Income
45.43% above the market average45.43% above the market average45.43% above the market average45.43% above the market average45.43% above the market average
36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average
Growth
31.77% below the market average31.77% below the market average31.77% below the market average31.77% below the market average31.77% 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 28-May-2025

Time Volume / Share Price
13:36 50 @ 76.60p
13:36 539 @ 76.60p
13:36 539 @ 76.50p
13:36 1,957 @ 76.60p
13:18 11 @ 76.40p

PCTN Key Personnel

CEO Michael Morris
CFO Saira Johnston

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