Norges Bank has disclosed a 2.93% stake in Crest Nicholson Holdings Plc. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. Norges Bank owns and controls 7,537,068 5p ordinary shares of Crest Nicholson Holdings Plc. The bank clarified that it does not have discretion regarding dealing and offer acceptance decisions with respect to 5,090,732 shares included in the total. Additionally, the disclosure includes details of purchases and sales of 5p ordinary shares by Norges Bank.
The disclosure also mentions that Norges Bank does not have any open stock-settled derivative positions or agreements to purchase or sell relevant securities. Furthermore, the disclosure does not include any cash-settled derivative transactions or stock-settled derivative transactions, including options. Norges Bank has not entered into any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing.
The disclosure was made on 17/07/2024 and was signed by Philippe Chiaroni, with the contact number +47 2407 3000. It was also stated that no Supplemental Form 8 (Open Positions) was attached to the disclosure.