Citigroup Global Markets Limited released a Form 8.5 (EPT/RI) public dealing disclosure related to Crest Nicholson Holdings plc. The disclosure, made on 9th July 2024, includes details of the exempt principal trader's dealings in the relevant securities of Crest Nicholson Holdings plc. The dealings, undertaken on 8th July 2024, involved both purchases and sales of the 5p ordinary shares. The highest price per unit paid for the purchased securities was GBP 2.4616, while the lowest price per unit paid was GBP 2.4516. On the other hand, the highest price per unit received for the sold securities was GBP 2.4820, and the lowest price per unit received was GBP 2.4500.
Additionally, the disclosure includes details of cash-settled derivative transactions, where the exempt principal trader reduced long positions in the 5p ordinary shares through various transactions. The disclosure also confirms that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between the exempt principal trader and any other person.
The disclosure is in compliance with Rule 8 of the Takeover Code and must be made to a Regulatory Information Service and emailed to the Takeover Panel. It also provides contact information for further consultation regarding the Code's dealing disclosure requirements.
This disclosure provides transparency regarding the trading activities of Citigroup Global Markets Limited in relation to Crest Nicholson Holdings plc, offering insights into the recent dealings and transactions involving the relevant securities of the company.