Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 7.11% interest in Crest Nicholson Holdings Plc. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership of 18,273,031 5p Ordinary shares. The disclosure also mentions the ultimate parent company, Ameriprise Financial, Inc. The disclosure was made on 04/07/2024 and includes details of a sale of 222,278 5p Ordinary shares at a price of GBP 2.46 per unit.
The disclosure does not include any cash-settled derivative transactions or stock-settled derivative transactions. Additionally, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure.
This disclosure provides insight into the significant interest held by Threadneedle Asset Management Holdings Ltd and its affiliate companies in Crest Nicholson Holdings Plc. It offers transparency regarding their positions and dealings with the relevant securities of the company, in accordance with the regulatory requirements.