RNS Number : 2234F

Picton Property Income Limited

22 April 2014



TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		Picton Property Income Limited
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights			Yes
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached			No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments			No
An event changing the breakdown of voting rights			No
Other (please specify):___________________________			No
3. Full name of person(s) subject to notification obligation:	Ameriprise Financial, Inc. and its group
4. Full name of shareholder(s) (if different from 3):	See additional information under 13.
5. Date of transaction and date on which the threshold is crossed or reached:	16 April 2014
6. Date on which issuer notified:	22 April 2014
7. Threshold(s) that is/are crossed or reached:	Above the threshold of 5%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares	Number of voting rights		Percentage of voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB00B0LCW208        N/A N/A 0 0 19,004,967 0.000%                         5.003%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period	No. of voting rights that may be acquired if the instrument is exercised/converted.	Percentage of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise Price	Expiration date	Exercise / conversion period	No. of voting rights instrument refers to	Percentage of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
19,004,967	5.003%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Ameriprise Financial, Inc., which through intermediate holding companies controls the voting rights of Columbia Management Investment Advisers, Columbia Wanger Asset Management, Threadneedle Management Luxembourg S.A. and Threadneedle Asset Management Holdings Ltd, which itself controls the voting rights of Threadneedle Asset Management Ltd, Threadneedle International Ltd and Threadneedle Pensions Ltd.

Proxy Voting:
10. Name of proxy holder:	N/A
11. Number of voting rights proxy holder will cease to hold:	N/A
12. Date on which proxy holder will cease to hold voting rights:	N/A

13. Additional information:

Registered Owner

HSBC Global Custody Nominee (UK) Limited	A/c 659167	1,420,544
HSBC Global Custody Nominee (UK) Limited	A/c 659179	122,602
HSBC Global Custody Nominee (UK) Limited	A/c 671301	668,342
HSBC Global Custody Nominee (UK) Limited	A/c 671314	6,711,916
HSBC Global Custody Nominee (UK) Limited	A/c 671325	4,662,641
HSBC Global Custody Nominee (UK) Limited	A/c 671337	2,426,194
HSBC Global Custody Nominee (UK) Limited	A/c 671349	1,515,845
HSBC Global Custody Nominee (UK) Limited	A/c 708312	1,466,804
Littledown Nominees Ltd	A/c 10479	10,079

14 Contact name:

Mark Powney, Threadneedle Group

15. Contact telephone name:

01793 363135

This information is provided by RNS

The company news service from the London Stock Exchange

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