The news released on 26/06/2024 by Dimensional Fund Advisors Ltd. pertains to their disclosure of dealing in CREST NICHOLSON HOLDINGS PLC's ordinary shares, in accordance with Rule 8.3 of the Takeover Code. Dimensional Fund Advisors Ltd. and its affiliates, as investment advisors, disclosed that they do not have beneficial ownership of the shares described in the form 8.3. They reported owning and/or controlling 10,753,380 shares, representing 4.19% of the relevant securities. Additionally, they stated that they do not have discretion regarding voting decisions in respect of 41,861 shares included in the total above.
The disclosure also included details of dealings, such as the purchase of 20,419 securities at a price of 2.4036 GBP per unit, as well as a transfer in of 1,484 shares of 5p ordinary. Furthermore, the form outlined that there were no cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, such as subscribing for new securities.
The news did not include any indemnity or other dealing arrangements, and it stated that there were no agreements, arrangements, or understandings relating to options or derivatives. The form also emphasized the requirement to use a separate form for each offeror/offeree and to disclose all interests and short positions.
In summary, the news released by Dimensional Fund Advisors Ltd. on 26/06/2024 detailed their disclosure of dealing in CREST NICHOLSON HOLDINGS PLC's ordinary shares, providing comprehensive information about their interests, positions, and dealings in accordance with the Takeover Code.