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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| Currency | UK Pounds |
| Share Price | 76.00p |
| Change Today | 0.30p |
| % Change | 0.40 % |
| 52 Week High | 81.90p |
| 52 Week Low | 59.70p |
| Volume | 131,118 |
| Shares Issued | 519.39m |
| Market Cap | £394.73m |
| Value |
|
|---|
| Price Trend |
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|---|
| Income |
|
|---|
| Growth |
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|---|
| Strong Buy | 1 |
| Buy | 2 |
| Neutral | 0 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 3 |

| Latest | Previous | |
|---|---|---|
| Q2 | Q1 | |
| Ex-Div | 06-Nov-25 | 07-Aug-25 |
| Paid | 28-Nov-25 | 29-Aug-25 |
| Amount | 0.95p | 0.95p |
| Time | Volume / Share Price |
| 09:41 | 2,501 @ 76.00p |
| 09:41 | 4,233 @ 75.90p |
| 09:41 | 81 @ 75.90p |
| 09:41 | 1,188 @ 75.90p |
| 09:41 | 1,650 @ 75.90p |
| CEO | Michael Morris |
| CFO | Saira Johnston |
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