LondonMetric Property Plc (LMP) · 2026-06-16

Update on the Proposed Offer for Picton

LondonMetric and SREIT said they are advancing towards a Rule 2.7 firm offer for Picton. The proposed all-share deal values Picton at £396 million, or 76.9p per share.

LondonMetric Property Plc (LMP) · 2026-06-16

Update on the Proposed Offer for Picton

LondonMetric and SREIT said they are progressing their proposed offer for Picton. The deal values Picton at £396 million and 76.9 pence per share, with Picton holders set to receive shares in both companies.