abrdn plc has disclosed a 3.88% interest in Crest Nicholson Holdings plc, representing 9,959,163 ordinary shares. The disclosure, made on 13 June 2024, includes the purchase of 28,605 5p ordinary shares at a price of GBP 2.128 per unit. The disclosure also indicates that abrdn plc is making disclosures in respect of another party to the offer, Bellway plc. The form also states that there are no indemnity or option arrangements, agreements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure. The contact person for the disclosure is Romiza Chaudhry, with a telephone number provided for further consultation.
This disclosure provides insight into abrdn plc's significant interest in Crest Nicholson Holdings plc and its recent purchase of additional ordinary shares. It also highlights the absence of any indemnity or option arrangements, agreements, or understandings relating to options or derivatives. The disclosure is in compliance with Rule 8.3 of the Takeover Code and provides transparency regarding abrdn plc's position in Crest Nicholson Holdings plc.