Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 7.52% stake in Crest Nicholson Holdings Plc. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that Threadneedle Asset Management Holdings Ltd owns and/or controls 19,331,305 relevant securities of Crest Nicholson Holdings Plc. The disclosure also includes details of purchases and sales of 5p Ordinary shares, with purchases made at GBP 2.40 and GBP 2.43 per unit and a sale at GBP 2.43 per unit.
The disclosure further indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no Supplemental Form 8 (Open Positions) is attached to the disclosure.
This disclosure provides insight into Threadneedle Asset Management Holdings Ltd's significant stake in Crest Nicholson Holdings Plc and its recent dealings with the company's securities. It offers transparency regarding the ownership and control of relevant securities, as well as the nature of the transactions undertaken.