Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 7.43% interest in Crest Nicholson Holdings Plc. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership of 19,096,020 5p Ordinary shares. The disclosure also mentions the ultimate parent company, Ameriprise Financial, Inc. The disclosure was made on 1st July 2024 and includes details of purchases and sales of securities, with 205,281 5p Ordinary shares sold at a price of GBP 2.44 per unit.
The disclosure also states that there are no indemnity or option arrangements, agreements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The contact person for the disclosure is Ben Lyon, with a provided telephone number for further inquiries.
This disclosure provides insight into the significant interest held by Threadneedle Asset Management Holdings Ltd in Crest Nicholson Holdings Plc, offering transparency in line with regulatory requirements. It also sheds light on the recent dealings in securities related to Crest Nicholson Holdings Plc, providing valuable information for investors and market analysts.