BlackRock, Inc. has disclosed a public opening position in Crest Nicholson Holdings plc, representing 7.11% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of interests, short positions, and dealings by BlackRock. The disclosure also mentions that BlackRock is making disclosures in respect of another party to the offer, Bellway plc.
The disclosure reveals that BlackRock owns and/or controls 18,269,800 relevant securities of Crest Nicholson Holdings plc, along with cash-settled derivatives and stock-settled derivatives. Additionally, it details the purchases and sales of 5p ordinary shares, as well as cash-settled derivative transactions and other dealings.
Furthermore, the disclosure states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no Supplemental Form 8 (Open Positions) is attached to the disclosure.
The disclosure was made on 26 July 2024, and the contact person for the disclosure is Jana Blumenstein, with a provided telephone number for further inquiries.
This disclosure provides insight into BlackRock's significant position in Crest Nicholson Holdings plc and its related dealings, offering transparency in accordance with the regulatory requirements of the Takeover Code.