BlackRock, Inc. has released a Form 8.3 disclosure regarding its interests in Crest Nicholson Holdings plc. The disclosure, released on 1st July 2024, provides key information about BlackRock's positions and dealings related to relevant securities representing 1% or more of Crest Nicholson Holdings plc.
BlackRock, Inc. disclosed that it owns and/or controls 19,290,647 relevant securities, representing 7.50% of the total, with no short positions. Additionally, the company holds 414,495 cash-settled derivatives, representing 0.16% of the total, and 1,859,643 short positions, representing 0.72% of the total.
The disclosure also includes details of dealings by BlackRock, Inc., such as purchases and sales, cash-settled derivative transactions, and stock-settled derivative transactions. It further states that there are no indemnity and other dealing arrangements or agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in compliance with Rule 8.3 of the Takeover Code and provides a comprehensive overview of BlackRock, Inc.'s positions and dealings with Crest Nicholson Holdings plc's relevant securities. The release is part of the regulatory requirements and is aimed at providing transparency in the market.
For further details, the disclosure can be accessed through the Regulatory Information Service and the Panel's Market Surveillance Unit for consultation regarding the Code's disclosure requirements.