Man Group PLC has disclosed its position in Crest Nicholson Holdings plc, as per the requirements of Rule 8.3 of the Takeover Code. Man Group PLC has revealed that it owns 1,873,817 5p ordinary shares of Crest Nicholson Holdings plc, representing 0.73% of the total shares. Additionally, the disclosure includes details of recent dealings, with Man Group PLC selling 16,393 and 139,808 5p ordinary shares at a price of 2.636 GBP per unit.
The disclosure also states that Man Group PLC has no indemnity or other dealing arrangements related to relevant securities, and there are no agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form for open positions is attached to the disclosure.
This disclosure provides transparency about Man Group PLC's holdings and recent dealings in Crest Nicholson Holdings plc, in accordance with regulatory requirements. It offers insights into the company's ownership and trading activities, contributing to a clearer understanding of the market dynamics surrounding Crest Nicholson Holdings plc.