Rathbones discloses 5.92% stake in Picton Property Income after further share sale

A fresh Rule 8.3 filing showed Rathbones Group Plc held 30,428,564 Picton Property Income shares on July 30, 2026 and reported a sale of 88,345 shares at 73.05p, alongside a transfer in of 455 shares.

Summary

Rathbones Group Plc filed a new Rule 8.3 disclosure in relation to Picton Property Income Limited, showing it held 30,428,564 ordinary NPV shares, equal to 5.92% of the company, as of July 30, 2026. The filing recorded a sale of 88,345 shares at 73.05p per unit and also listed a transfer in of 455 ordinary shares. Rathbones said it was also making disclosures in respect of a consortium comprising LondonMetric Property plc and Schroder Real Estate Investment Trust Limited. As in the earlier filing, it disclosed no short positions, no cash-settled or stock-settled derivatives, no rights to subscribe for new securities, no indemnity or option arrangements, and no agreements or understandings relating to options, derivatives or dealings. No Supplemental Form 8 was attached.

Terms & Concepts
  • Rule 8.3: U.K. Takeover Code disclosure requirement for a person with interests of 1% or more in relevant securities during an offer period.
  • Takeover Code: The U.K. rulebook governing conduct and disclosure in takeover situations.
  • Ordinary NPV: Ordinary shares with no par value.