Numis Securities Limited, acting as an exempt principal trader, has disclosed its dealings in the relevant securities of Crest Nicholson Holdings plc. The disclosed dealings, undertaken on 1st August 2024, include both purchases and sales of the 5p ordinary shares. The highest price per unit paid for the shares was 261.9800 GBX, while the lowest price per unit received was 262.4000 GBX for sales and 261.9800 GBX for purchases.
The disclosure also states that Numis Securities Limited is connected to 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."
The disclosure is in accordance with Rule 8.5 of the Takeover Code and is a public dealing disclosure by an exempt principal trader with recognized intermediary status dealing in a client-serving capacity. It is important to note that the information provided is specific to the disclosed dealings and does not include regulatory, contact, or general risk information.
For any further consultation regarding the Code's dealing disclosure requirements, the Panel's Market Surveillance Unit is available at +44 (0)20 7638 0129. The disclosure was made to a Regulatory Information Service and is dated 2nd August 2024.
This disclosure provides insight into the trading activity related to Crest Nicholson Holdings plc and the involvement of Numis Securities Limited in the context of the non-binding all-share possible offering for the company.