Legal & General Investment Management (Holdings) Ltd. has disclosed a 1.90% stake in Crest Nicholson Holdings plc. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes the number and percentage of relevant securities owned and/or controlled, which amounts to 4,883,872 shares. Additionally, the disclosure mentions dealings in the relevant securities, including the purchase of 8,232 securities at a price of GBP 2.557 per unit.
The disclosure also states that Legal & General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Bellway plc. Furthermore, the disclosure includes information about cash-settled derivative transactions, stock-settled derivative transactions, and other dealings, as required by Rule 8.3.
The disclosure concludes with information about indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. It also confirms that there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 18 July 2024 and includes contact information for further inquiries.
This disclosure provides insight into Legal & General Investment Management (Holdings) Ltd.'s stake in Crest Nicholson Holdings plc and its related dealings, as well as its compliance with the regulatory requirements of the Takeover Code.