Legal & General Investment Management (Holdings) Ltd. has disclosed a 1.89% stake in Crest Nicholson Holdings plc. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes the date of the position held, which was 19 July 2024. Additionally, the disclosure mentions that Legal & General Investment Management (Holdings) Ltd. is also making disclosures in respect of another party to the offer, Bellway plc.
The disclosure details the interests and short positions in the relevant securities of Crest Nicholson Holdings plc following the dealing. It shows that Legal & General Investment Management (Holdings) Ltd. owns and/or controls 4,879,326 relevant securities, representing 1.89% of the total. The disclosure also includes details of a sale of 4,546 securities at a price of GBP 2.532116 per unit.
Furthermore, the disclosure states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no Supplemental Form 8 (Open Positions) is attached to the disclosure.
The contact person for the disclosure is James Brown, with a provided telephone number for further inquiries. The disclosure emphasizes that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and that the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.
This disclosure provides insight into Legal & General Investment Management (Holdings) Ltd.'s stake in Crest Nicholson Holdings plc and their compliance with the disclosure requirements of the Takeover Code. It offers transparency regarding their positions and dealings with relevant securities, contributing to a clearer understanding of the company's interests in Crest Nicholson Holdings plc.