Rathbones Group Discloses 6.13% Stake in Picton Property Income

GlobeNewswire··Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Rathbones Group Plc disclosed a 6.13% interest in Picton Property Income Limited, holding 31,497,519 NPV ordinary shares as of 9 July 2026. The disclosure, made under Rule 8.3 of the Takeover Code, also reported sales of 182,342 shares across three transactions at prices between 71.2363p and 71.3953p. Rathbones is also making disclosures in respect of a consortium comprising LondonMetric Property plc and Schroder Real Estate Investment Trust Limited, another party to the offer.

Impact on assets 4

Real Estate▲ · 3 stocks
Picton Property Income Ltd
PCTN
▲ PositiveCapitalrelevance

Rathbones' 6.13% stake disclosure signals institutional interest, potentially supporting the offer.

Financials▲ · 1 stocks
Rathbone Brothers PLC
RAT
± MixedCapitalrelevance

Rathbones disclosed a stake and minor share sales, but the net impact on its own stock is unclear.

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