Citigroup Global Markets Limited released a Form 8.5 (EPT/RI) public dealing disclosure related to Crest Nicholson Holdings plc. The disclosure, made in accordance with Rule 8.5 of the Takeover Code, pertains to dealings undertaken on 25 June 2024. The transactions involved purchases and sales of 5p ordinary shares, with details of the total number of securities, highest and lowest price per unit paid/received, and cash-settled derivative transactions. The disclosure also includes information on stock-settled derivative transactions and other dealings, along with details of indemnity and other dealing arrangements.
The disclosure indicates that Citigroup Global Markets Limited engaged in purchases and sales of 5p ordinary shares of Crest Nicholson Holdings plc, with specific details of the total number of securities, highest and lowest price per unit paid/received. Additionally, the disclosure includes information on cash-settled derivative transactions, such as reducing long positions, with details of the number of reference securities and price per unit.
Furthermore, the disclosure provides details of stock-settled derivative transactions, including the nature of dealing and the number of securities to which the option relates. It also includes information on other dealings, such as subscription or conversion, with details of the price per unit if applicable. The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure concludes with the date of disclosure, contact name, and telephone number, as well as the requirement for public disclosures under Rule 8 of the Code to be made to a Regulatory Information Service and emailed to the Takeover Panel. It also provides contact information for the Panel's Market Surveillance Unit for consultation regarding the Code's dealing disclosure requirements.
This disclosure by Citigroup Global Markets Limited provides a comprehensive overview of the trading activity related to Crest Nicholson Holdings plc, in compliance with the Takeover Code's Rule 8.5. It offers detailed insights into the transactions and dealings undertaken, ensuring transparency and regulatory compliance.