Numis Securities Limited, acting as an exempt principal trader, has disclosed its dealings in the securities of Crest Nicholson Holdings plc. The disclosed dealings, undertaken on 23/07/2024, include purchases and sales of the 5p ordinary shares. The highest price per unit paid for the shares was 254.8000 GBX, while the lowest price per unit received was 254.8000 GBX for purchases and 255.4000 GBX for sales. The disclosure also states that there are no indemnity and other dealing arrangements or agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in accordance with Rule 8.5 of the Takeover Code and provides key information such as the name of the exempt principal trader (Numis Securities Limited), the name of the offeror/offeree (Crest Nicholson Holdings plc), and the date of dealing. It also mentions the party to the offer with which the exempt principal trader is connected, in this case, Deutsche Numis acting as a financial adviser and corporate broker to Bellway plc in relation to the announced non-binding all-share possible offering for Crest Nicholson Holdings plc.
The disclosure does not include any cash-settled derivative transactions or stock-settled derivative transactions, including options. It also provides 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.
In summary, the disclosure by Numis Securities Limited provides transparency regarding its trading activities in relation to Crest Nicholson Holdings plc, ensuring compliance with the regulatory requirements of the Takeover Code.