Legal & General Investment Management (Holdings) Ltd. has released a Form 8.3 public dealing disclosure, indicating their interests in Crest Nicholson Holdings plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, reveals that Legal & General Investment Management (Holdings) Ltd. owns and/or controls 1.90% of the relevant securities of Crest Nicholson Holdings plc, representing 4,901,449 securities. The disclosure also mentions dealings in the relevant securities, including the purchase of 13,100 securities at a price of GBP 2.557 per unit.
The disclosure further states that Legal & General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Bellway plc. The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure.
The disclosure provides key information such as the full name of the discloser, the offeror/offeree in relation to whose relevant securities the form relates, the date position held/dealing undertaken, and details of any open stock-settled derivative positions. It also includes contact information for further inquiries and emphasizes the requirement for public disclosures under Rule 8 of the Code to be made to a Regulatory Information Service.
This Form 8.3 disclosure by Legal & General Investment Management (Holdings) Ltd. offers a comprehensive overview of their interests and dealings in the relevant securities of Crest Nicholson Holdings plc, in compliance with the regulatory requirements of the Takeover Code.