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Barclays PLC made a Rule 8.3 disclosure on 27 January 2026, detailing dealings in Ordinary NPV securities of PICTON PROPERTY INCOME LIMITED that occurred on 26 January 2026. Following these dealings, Barclays PLC holds total interests of 4,660,289 shares (0.91%) and total short positions of 5,107,575 shares (0.99%) in PICTON PROPERTY INCOME LIMITED. Dealings on 26 January 2026 included purchases of 389,165 Ordinary NPV shares, sales of 1,218,409 Ordinary NPV shares, and various cash-settled derivative transactions.
| Date | 27 Jan 2026 |
| Time | 11:59:54 |
| Category | Holding(s) in company |
| ID | 5778Q |
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FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
PICTON PROPERTY INCOME LIMITED |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
26 Jan 2026 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
NO |
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disclosures in respect of any other party to the offer? |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing(if any) |
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Class of relevant security: |
Ordinary NPV |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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4,643,238 |
0.90% |
569,769 |
0.11% |
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(2) |
Cash-settled derivatives: |
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17,051 |
0.00% |
4,537,806 |
0.88% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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4,660,289 |
0.91% |
5,107,575 |
0.99% |
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(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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Ordinary NPV |
Purchase |
142,603 |
0.8300 GBP |
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Ordinary NPV |
Purchase |
138,272 |
0.8303 GBP |
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Ordinary NPV |
Purchase |
92,366 |
0.8310 GBP |
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Ordinary NPV |
Purchase |
15,924 |
0.8308 GBP |
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Ordinary NPV |
Sale |
890,761 |
0.8300 GBP |
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Ordinary NPV |
Sale |
137,000 |
0.8356 GBP |
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Ordinary NPV |
Sale |
82,108 |
0.8301 GBP |
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Ordinary NPV |
Sale |
31,334 |
0.8310 GBP |
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Ordinary NPV |
Sale |
19,723 |
0.8302 GBP |
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Ordinary NPV |
Sale |
16,449 |
0.8309 GBP |
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Ordinary NPV |
Sale |
13,834 |
0.8308 GBP |
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Ordinary NPV |
Sale |
7,680 |
0.8305 GBP |
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Ordinary NPV |
Sale |
7,579 |
0.8306 GBP |
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Ordinary NPV |
Sale |
6,672 |
0.8316 GBP |
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Ordinary NPV |
Sale |
3,867 |
0.8307 GBP |
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Ordinary NPV |
Sale |
1,402 |
0.8320 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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Ordinary NPV |
SWAP |
Decreasing Short |
884,448 |
0.8300 GBP |
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Ordinary NPV |
SWAP |
Decreasing Short |
166 |
0.8303 GBP |
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Ordinary NPV |
SWAP |
Decreasing Short |
392 |
0.8306 GBP |
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Ordinary NPV |
SWAP |
Decreasing Short |
8,814 |
0.8308 GBP |
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Ordinary NPV |
SWAP |
Increasing Short |
27,870 |
0.8300 GBP |
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Ordinary NPV |
SWAP |
Increasing Short |
75,566 |
0.8310 GBP |
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Ordinary NPV |
CFD |
Decreasing Short |
4,339 |
0.8308 GBP |
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Ordinary NPV |
CFD |
Decreasing Short |
10,439 |
0.8310 GBP |
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Ordinary NPV |
CFD |
Increasing Short |
948 |
0.8301 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercise |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
27 Jan 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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