BlackRock, Inc. has disclosed its position in Crest Nicholson Holdings plc, as of 21 June 2024. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that BlackRock, Inc. owns and/or controls 7.67% of the relevant securities of Crest Nicholson Holdings plc. Additionally, the disclosure includes details of cash-settled derivatives and stock-settled derivatives, as well as purchases and sales of the 5p ordinary shares of Crest Nicholson Holdings plc.
The disclosure indicates that BlackRock, Inc. owns 19,706,811 relevant securities, representing 7.67% of the total, and holds cash-settled derivatives amounting to 0.16% of the total. The company has engaged in various transactions, including purchases and sales of the 5p ordinary shares, with specific quantities and prices per unit provided. Furthermore, the disclosure includes details of cash-settled derivative transactions, such as increasing short positions.
The disclosure also states that BlackRock, Inc. has no indemnity or other dealing arrangements related to relevant securities, and there are no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure.
The disclosure was made by BlackRock, Inc. to comply with the regulatory requirements of the Code, and it is available for public access. For further information, the contact person provided is Jana Blumenstein, with a telephone number of +44 20 7743 3650.
This disclosure provides insight into BlackRock, Inc.'s significant position in Crest Nicholson Holdings plc and its recent dealings with the company's securities, offering transparency to the market and stakeholders.