Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 6.41% interest in Crest Nicholson Holdings Plc. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership of 16,471,439 5p Ordinary shares. The disclosure also mentions the ultimate parent company, Ameriprise Financial, Inc. The disclosure was made on 11/07/2024 and includes details of a sale of 336,240 5p Ordinary shares at a price of GBP 2.40 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 ownership and dealings with the relevant securities of Crest Nicholson Holdings Plc.