Picton Property Income (GB:PCTN) has released an update.
Picton Property Income Limited has reported a significant change in their major holdings following an acquisition or disposal of voting rights by Ameriprise Financial, Inc. The transaction, which crossed the notification threshold on May 30, 2024, resulted in a combined total of approximately 15% of voting rights through shares and financial instruments. This strategic move by Ameriprise, a major financial player with a chain of controlled undertakings, has notably altered its influence over Picton Property Income.
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