BNP Paribas SA has released a Form 8.3 disclosure regarding its interests and short positions in Crest Nicholson Holdings plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, provides key information about BNP Paribas SA's positions and dealings related to the relevant securities of Crest Nicholson Holdings plc.
As of the latest practicable date prior to the disclosure, BNP Paribas SA holds 1.07% of the relevant securities of Crest Nicholson Holdings plc, with 0.70% in relevant securities owned and/or controlled and 0.36% in cash-settled derivatives. Additionally, the disclosure includes details of purchases and sales of the relevant securities, as well as cash-settled derivative transactions and stock-settled derivative transactions.
The disclosure also outlines the nature of the dealings, including the purchase and sale of securities, as well as cash-settled derivative transactions such as increasing and reducing long positions. It further provides information on stock-settled derivative transactions, including options, and other dealings, such as subscribing for new securities.
Furthermore, the disclosure states that there are no indemnity or option arrangements, agreements, or understandings that may be an inducement to deal or refrain from dealing entered into by BNP Paribas SA and any party to the offer or any person acting in concert with a party to the offer.
Overall, the Form 8.3 disclosure by BNP Paribas SA provides a comprehensive overview of its positions, dealings, and other relevant information concerning its interests in Crest Nicholson Holdings plc, in compliance with the regulatory requirements.