Picton Property Income Ltd (PCTN)

Sector:

Real Estate

Index:

FTSE Small Cap

77.30p
   
  • Change Today:
    -1.20p
  • 52 Week High: 81.90p
  • 52 Week Low: 59.70p
  • Currency: UK Pounds
  • Shares Issued: 523.59m
  • Volume: 740,077
  • Market Cap: £404.73m
  • 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 77.30p
Change Today -1.20p
% Change -1.53 %
52 Week High 81.90p
52 Week Low 59.70p
Volume 740,077
Shares Issued 523.59m
Market Cap £404.73m
Beta 0.01

PCTN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.64% below the market average36.64% below the market average36.64% below the market average36.64% below the market average36.64% 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
21.02% above the market average21.02% above the market average21.02% above the market average21.02% above the market average21.02% above the market average
82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average
Income
40.00% above the market average40.00% above the market average40.00% above the market average40.00% above the market average40.00% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
26.14% below the market average26.14% below the market average26.14% below the market average26.14% below the market average26.14% below the market average
3.03% above the sector average3.03% above the sector average3.03% above the sector average3.03% above the sector average3.03% above the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 3
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
  Q1 Q4
Ex-Div 07-Aug-25 15-May-25
Paid 29-Aug-25 30-May-25
Amount 0.95p 0.93p

Trades for 01-Aug-2025

Time Volume / Share Price
16:39 6,543 @ 77.30p
16:35 3,388 @ 77.30p
16:35 143,269 @ 77.30p
16:35 1 @ 77.30p
16:35 350 @ 77.30p

PCTN Key Personnel

CEO Michael Morris
CFO Saira Johnston

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