Citigroup Global Markets Limited released a Form 8.5 (EPT/RI) public dealing disclosure related to Crest Nicholson Holdings plc. The disclosure, in accordance with Rule 8.5 of the Takeover Code, pertains to dealings undertaken on 2nd August 2024. The exempt principal trader, Citigroup Global Markets Limited, engaged in both purchases and sales of 21,902 5p ordinary shares of Crest Nicholson Holdings plc. The highest price per unit paid for the shares was GBP 2.6360, while the lowest price per unit paid was GBP 2.5800. Additionally, the sale of the same number of shares saw a price range of GBP 2.6026 to GBP 2.6000 per unit.
The disclosure also includes information on cash-settled derivative transactions, stock-settled derivative transactions, and other dealings, such as subscribing for new securities. Notably, the disclosure states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure concludes with the contact information for Craig Watson and the regulatory requirements for public disclosures under Rule 8 of the Code, emphasizing the need to be made to a Regulatory Information Service and emailed to the Takeover Panel.
This disclosure provides insight into the recent trading activity of Citigroup Global Markets Limited in relation to Crest Nicholson Holdings plc, offering transparency in line with regulatory requirements.