Royal London Asset Management Ltd has disclosed their position in Crest Nicholson Holdings plc, representing 0.34% of the relevant securities. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes details of the relevant securities owned and controlled, as well as any dealings undertaken. The disclosure also mentions the existence of other parties to the offer, such as Bellway plc.
The disclosure indicates that Royal London Asset Management Ltd holds 880,399 relevant securities of Crest Nicholson Holdings plc. Additionally, it details a sale of 12,807 securities at a price of 2.5000 GBP per unit. The disclosure also confirms that there are no indemnity or other dealing arrangements related to relevant securities.
This disclosure provides transparency about the holdings and dealings of Royal London Asset Management Ltd in relation to Crest Nicholson Holdings plc, in compliance with the regulatory requirements of the Takeover Code. It offers insights into the ownership and trading activities of significant shareholders, contributing to a more informed market.