Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 7.45% interest in Crest Nicholson Holdings Plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Threadneedle Asset Management Holdings Ltd, as an affiliate of Ameriprise Financial, Inc., holds 19,134,443 5p Ordinary shares in Crest Nicholson Holdings Plc. Additionally, the disclosure includes a purchase of 195,914 5p Ordinary shares in Bellway Plc at a price of GBP 2.45 per unit.
The disclosure also outlines that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure.
This disclosure provides insight into Threadneedle Asset Management Holdings Ltd's significant interest in Crest Nicholson Holdings Plc and its recent purchase of shares in Bellway Plc. It offers transparency in line with regulatory requirements and contributes to the understanding of the company's investment activities.