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 and/or controls 1,639,517 5p ordinary shares of Crest Nicholson Holdings PLC, representing 0.64% 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 2.660 GBP per unit. The disclosure further 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.
This disclosure provides insight into Man Group PLC's holdings and recent dealings with Crest Nicholson Holdings PLC. It offers transparency regarding the ownership and control of relevant securities, as well as the nature of recent transactions. The information is in compliance with the regulatory requirements of the Takeover Code, ensuring transparency and accountability in the securities market.