Citigroup Global Markets Limited released a Form 8.5 (EPT/RI) public dealing disclosure related to Crest Nicholson Holdings plc. The disclosure, in accordance with Rule 8.5 of the Takeover Code, outlines the key information and dealings by the exempt principal trader. The dealings on 1st July 2024 involved purchases and sales of 5p ordinary shares, with specific details of the total number of securities, highest and lowest price per unit paid/received. Additionally, cash-settled derivative transactions and stock-settled derivative transactions were also disclosed.
The disclosure further includes information on indemnity and other dealing arrangements, which in this case were stated as "none." Similarly, there were no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made in compliance with the Code and was directed to a Regulatory Information Service and the Takeover Panel.
The disclosure provides a transparent overview of the trading activity conducted by Citigroup Global Markets Limited in relation to Crest Nicholson Holdings plc, offering insights into the specific transactions and the nature of the dealings. This information is crucial for stakeholders and investors to understand the market activity and the relationships between the involved parties.