The Vanguard Group, Inc. has made a Form 8.3 disclosure regarding its interests in Crest Nicholson Holdings plc. The disclosure, released on 23rd July 2024, indicates that The Vanguard Group, Inc. owns and/or controls 13,066,079 relevant securities, representing 5.09% of the total. Additionally, the disclosure includes details of a purchase of 1,736 securities at a price of 2.57 GBP per unit. The disclosure also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure.
The Vanguard Group, Inc.'s disclosure provides a clear overview of its position and dealings with Crest Nicholson Holdings plc. It offers specific details about the number of relevant securities owned and/or controlled, as well as the percentage they represent. The purchase of additional securities is also outlined, including the number of securities and the price per unit. The disclosure also confirms the absence of indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This Form 8.3 disclosure by The Vanguard Group, Inc. is a regulatory requirement under Rule 8.3 of the Takeover Code. It provides transparency about the company's interests and dealings in relevant securities, ensuring compliance with disclosure requirements. The information presented in the disclosure is essential for investors, regulatory authorities, and other stakeholders to understand The Vanguard Group, Inc.'s position in relation to Crest Nicholson Holdings plc.