Norges Bank, based in Oslo, Norway, has acquired additional voting rights in Crest Nicholson Holdings PLC, a UK-based issuer. The acquisition was notified on 24th July 2024, with the total voting rights reaching 3.112530%, up from the previous 2.924660%. This increase includes 2.846540% of direct voting rights and 0.265990% through financial instruments.
The details provided in the notification indicate that Norges Bank holds a total of 7,996,749 voting rights in Crest Nicholson Holdings PLC. This comprises 7,313,349 direct voting rights and 683,400 voting rights through financial instruments. The financial instruments include shares on loan, with the right to recall at any time.
The notification also states that Norges Bank, as the entity subject to the notification obligation, is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in Crest Nicholson Holdings PLC.
The completion date for this notification was 24th July 2024.
This notification provides insight into Norges Bank's increased voting rights in Crest Nicholson Holdings PLC, reflecting a notable change in the shareholder landscape of the company.