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 the disclosing party.
The disclosure reveals that Lupus alpha Asset Management AG owns and/or controls 10,097,000 relevant securities of Crest Nicholson Holdings Plc, representing 3.93% of the total. Additionally, the disclosure includes details of recent dealings, such as the purchase of 65,000 and 27,000 ordinary shares at prices of 2.5613 and 2.5715 per unit, respectively.
The disclosure also clarifies that Lupus alpha Asset Management AG does not have discretion regarding voting decisions in respect of 8,243,000 shares, which are included in the total ownership. Furthermore, the document 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 insight into its interests and dealings with Crest Nicholson Holdings Plc, in compliance with regulatory requirements.