Lupus alpha Asset Management AG has released a Form 8.3 disclosure regarding its interests in Crest Nicholson Holdings Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, provides key information about the positions and dealings of Lupus alpha Asset Management AG in relation to Crest Nicholson Holdings Plc.
The disclosure reveals that Lupus alpha Asset Management AG owns and/or controls 10,125,000 relevant securities of Crest Nicholson Holdings Plc, representing 3.9409% of the total. Additionally, the disclosure includes details of a sale of 53,000 ordinary shares at a price of 2.548 per unit.
The disclosure also clarifies that Lupus alpha Asset Management AG does not have discretion regarding voting decisions in respect of 8,271,000 shares, which are included in the total ownership and control of relevant securities.
Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between Lupus alpha Asset Management AG and any other party in connection with Crest Nicholson Holdings Plc.
The release of this Form 8.3 disclosure by Lupus alpha Asset Management AG provides transparency and insight into its positions and dealings with Crest Nicholson Holdings Plc, in compliance with regulatory requirements.
This disclosure is a significant move by Lupus alpha Asset Management AG, shedding light on its interests and activities related to Crest Nicholson Holdings Plc, and ensuring transparency in the market.