Citigroup Global Markets Limited released a Form 8.5 (EPT/RI) public dealing disclosure related to Crest Nicholson Holdings plc. The disclosure, made in accordance with Rule 8.5 of the Takeover Code, includes key information such as the date of dealing, details of the relevant securities, and the nature of the dealings. The disclosure indicates that Citigroup Global Markets Limited engaged in both purchases and sales of 5p ordinary shares of Crest Nicholson Holdings plc on 9th July 2024.
The document also outlines cash-settled derivative transactions, including reducing long positions through Total Return Swaps (TRS). It further states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between Citigroup Global Markets Limited and any other person.
The disclosure provides specific details of the transactions, including the total number of securities, highest and lowest price per unit paid/received, and the nature of the dealings. It also includes contact information for further inquiries and emphasizes the requirement for public disclosures under Rule 8 of the Code to be made to a Regulatory Information Service and emailed to the Takeover Panel.
This disclosure offers transparency regarding the trading activities of Citigroup Global Markets Limited in relation to Crest Nicholson Holdings plc, providing relevant information for stakeholders and regulatory compliance.