Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 7.45% interest in Crest Nicholson Holdings Plc. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership of 19,147,883 5p Ordinary shares. The disclosure also mentions the ultimate parent company, Ameriprise Financial, Inc. The disclosure was made on 19/06/2024 and includes details of purchases and sales of securities, with 13,440 5p Ordinary shares purchased at GBP 2.40 per unit.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The contact person for the disclosure is Ben Lyon, with a provided telephone number for further inquiries.
This disclosure provides insight into the significant interest held by Threadneedle Asset Management Holdings Ltd and its affiliate companies in Crest Nicholson Holdings Plc, shedding light on their position and dealings with the relevant securities. It offers transparency in accordance with the regulatory requirements of the Takeover Code.