Man Group PLC has disclosed its position in Crest Nicholson Holdings plc, as per the requirements of Rule 8.3 of the Takeover Code. Man Group PLC has revealed that it owns 1,717,617 5p ordinary shares of Crest Nicholson Holdings plc, representing 0.67% of the total shares. The disclosure also includes details of recent dealings, with Man Group PLC selling 8,196 and 69,904 5p ordinary shares at a price of 2.661 GBP per unit. The disclosure further states that there are no indemnity or option arrangements related to relevant securities, and no agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure.
This disclosure provides transparency about Man Group PLC's holdings and dealings with Crest Nicholson Holdings plc. It offers insights into the number of shares owned, recent transactions, and the absence of certain agreements or arrangements. The information is in compliance with the regulatory requirements of the Takeover Code, ensuring transparency and accountability in the financial market.