JPMorgan Asset Management has released a Form 8.3 disclosure regarding its interests in Crest Nicholson Holdings plc. The disclosure, in accordance with Rule 8.3 of the Takeover Code, provides key information about the positions and dealings of the person making the disclosure.
As of the latest practicable date prior to the disclosure, JPMorgan Asset Management holds 5,934 relevant securities of Crest Nicholson Holdings plc, representing 0.00% of the total. Additionally, the disclosure includes cash-settled derivatives, with 656,956 securities representing 0.26% of the total. The disclosure also mentions dealings in cash-settled derivative transactions, including reducing a short position.
The disclosure further states that JPMorgan Asset Management is making disclosures in respect of another party to the offer, Bellway plc. It also includes information about agreements, arrangements, or understandings relating to options or derivatives, stating that there are none.
The release of this Form 8.3 disclosure provides transparency about JPMorgan Asset Management's positions and dealings in relation to Crest Nicholson Holdings plc, as required by the Takeover Code. The disclosure aims to ensure compliance with regulatory requirements and provide relevant information to the market and investors.