Dimensional Fund Advisors Ltd. has disclosed a 4.22% interest in Crest Nicholson Holdings PLC, representing 10,829,750 ordinary shares. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. Dimensional Fund Advisors Ltd. clarified that it does not have discretion regarding voting decisions in respect of 41,861 shares included in the total disclosed.
The disclosure also included details of dealings, including the sale of 6,105 securities at a price of 2.5313 GBP per unit. Additionally, there were net transfers in of 13,767 securities. The disclosure did not include any cash-settled derivative transactions or stock-settled derivative transactions.
Furthermore, the disclosure stated that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also mentioned that no open stock-settled derivative positions or agreements to purchase or sell relevant securities were held.
This disclosure provides transparency about Dimensional Fund Advisors Ltd.'s position in Crest Nicholson Holdings PLC and its recent dealings with the company's securities, in compliance with regulatory requirements.