Citigroup Global Markets Limited released a Form 8.5 (EPT/RI) public dealing disclosure related to Crest Nicholson Holdings plc. The disclosure, in accordance with Rule 8.5 of the Takeover Code, pertains to the dealings undertaken on 24th June 2024. The exempt principal trader, Citigroup Global Markets Limited, made purchases and sales of 5p ordinary shares of Crest Nicholson Holdings plc. The highest price per unit paid for the purchase was GBP 2.4123, and the lowest price per unit paid was GBP 2.4020. Additionally, the trader conducted cash-settled derivative transactions, closing a long position for 45,626 reference securities at a price of GBP 2.4020 per unit.
The disclosure also includes details of other dealings, such as the sale of 83 5p ordinary shares at a price ranging from GBP 2.4240 to GBP 2.4000 per unit. The disclosure further states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between the exempt principal trader and any other person.
The disclosure was made in compliance with the regulatory requirements, and the contact person for the disclosure is Craig Watson, with a provided telephone number for further inquiries. The disclosure emphasizes that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and emailed to the Takeover Panel.
This disclosure provides a transparent overview of the trading activities conducted by Citigroup Global Markets Limited in relation to Crest Nicholson Holdings plc, ensuring compliance with the regulatory framework and transparency in the market.