Man Group PLC has disclosed its position in Crest Nicholson Holdings plc, as per the requirements of Rule 8.3 of the Takeover Code. The disclosure reveals that Man Group PLC owns and/or controls 838,230 5p ordinary shares of Crest Nicholson Holdings plc, representing 0.33% of the total shares. Additionally, the disclosure includes details of recent dealings, such as the sale of 5p ordinary shares at various prices per unit.
The disclosure also indicates that Man Group PLC has not entered into any indemnity, option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities that may be an inducement to deal or refrain from dealing. Furthermore, there are no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides a comprehensive overview of Man Group PLC's position and dealings with Crest Nicholson Holdings plc, in compliance with the regulatory requirements. It offers transparency regarding the ownership and control of relevant securities, as well as recent transactions involving the company's shares. This disclosure is essential for maintaining transparency and ensuring compliance with regulatory standards in the context of securities ownership and trading.