Numis Securities Limited, acting as an exempt principal trader, has disclosed dealings in Crest Nicholson Holdings plc's securities. The disclosed dealings, undertaken on 1st July 2024, include the sale of 50,000 5p ordinary shares at a price of 245.0000 GBX per unit. The disclosure also states that Numis Securities Limited is connected to Deutsche Numis, which is acting as a financial adviser and corporate broker to Bellway plc in relation to the announced non-binding all-share possible offering for Crest Nicholson Holdings plc.
The disclosure further includes information about the absence of indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made in accordance with Rule 8 of the Takeover Code and must be reported to a Regulatory Information Service. For any queries regarding the Code's dealing disclosure requirements, the Panel's Market Surveillance Unit can be consulted.
This disclosure provides insight into the recent dealings and connections involving Crest Nicholson Holdings plc's securities, shedding light on the involvement of Numis Securities Limited and its association with the potential offering for the company.