Vanguard Group Discloses Position in Picton Property Income

On April 29, 2026, The Vanguard Group, Inc. filed a Form 8.3, detailing its stake in Picton Property Income Limited. The disclosure, necessary under Rule 8.3 of the Takeover Code, outlines Vanguard's interests in relevant securities, accounting for over 1% ownership.

The key date for the position was April 28, 2026. Vanguard declared interests in 25,941,122 ordinary NPV shares, representing a 5.05% stake. Notably, the disclosure included dealings involving the purchase and sale of shares. Vanguard purchased 18,994 shares at 0.79 GBP each and sold 9,622 shares at 0.78 GBP.

Vanguard's disclosure also encompassed a consortium with LondonMetric Property plc and Schroder Real Estate Investment Trust Limited. However, no indemnity or derivative agreements were reported.