We compute matrix elements of the chromomagnetic operator, often denoted by O 8 , between B/D-states and light mesons plus an off-shell photon by employing the method of light-cone sum rules (LCSR) at leading twist-2. These matrix elements are relevant for processes such as B → K * l + l − and they can be seen as the analogues of the well-known penguin form factors T 1,2,3 and f T . We find a large CP-even phase for which we give a long-distance (LD) interpretation. We compare our results to QCD factorisation for which the spectator photon emission is end-point divergent. The analytic structure of the correlation function used in our method admits a complex anomalous threshold on the physical sheet. The meaning and handling within the sum rule approach of the anomalous threshold is discussed. 1 md1e10@soton.ac.uk 2 J.D.Lyon@sms.ed.ac.uk 3 Roman.Zwicky@ed.ac.uk