Numis Securities Limited, acting as an exempt principal trader, has disclosed dealings in Crest Nicholson Holdings plc's securities in accordance with Rule 8.5 of the Takeover Code. The disclosed dealings, undertaken on 10/07/2024, include purchases and sales of 5p ordinary shares. The highest price per unit paid for the purchased securities was 246.8000 GBX, while the lowest price per unit paid was 240.3000 GBX. On the other hand, the highest price per unit received for the sold securities was 248.4000 GBX, and the lowest price per unit received was 236.2000 GBX.
The disclosure also states that Numis Securities Limited is connected with Deutsche Numis, which is acting as the 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 further includes details of indemnity and other dealing arrangements, which, in this case, are stated as "none." Additionally, there are no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in compliance with the regulatory requirements, and any public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Market Surveillance Unit of the Panel is available for consultation in relation to the Code's dealing disclosure requirements.
For further information, the contact name provided is Harvinder Bhambra, with a telephone number of +44 121 615 7167.
This disclosure provides insight into the recent dealings and connections involving Crest Nicholson Holdings plc's securities, shedding light on the activities of Numis Securities Limited and its involvement in the potential offering for the company.