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.
As of the latest practicable date prior to the disclosure, Lupus alpha Asset Management AG holds 8,050,000 5p ordinary shares of Crest Nicholson Holdings Plc, representing 3.13% of the total shares. The disclosure also includes details of a purchase of 633,000 ordinary shares at a price of 2.4 per unit.
The disclosure further clarifies that Lupus alpha Asset Management AG does not have discretion regarding voting decisions in respect of 6,481,000 shares, which are included in the total shares held. Additionally, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The release of this Form 8.3 disclosure by Lupus alpha Asset Management AG provides transparency and important information about its interests and dealings in Crest Nicholson Holdings Plc, in compliance with the regulatory requirements of the Takeover Code.