Man Group PLC has disclosed a 0.96% interest in Crest Nicholson Holdings plc, representing 2,454,307 ordinary shares. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure also includes details of recent dealings, with Man Group PLC selling a significant number of 5p ordinary shares in Crest Nicholson Holdings plc. The sales ranged in volume and price per unit, indicating a series of divestments from their position.
The disclosure does not include any cash-settled derivative transactions or stock-settled derivative transactions. Additionally, there are no indemnity or other dealing arrangements to report. Man Group PLC has not entered into any agreements, arrangements, or understandings relating to options or derivatives with any other party.
This disclosure provides insight into Man Group PLC's current position and recent dealings with Crest Nicholson Holdings plc. It offers transparency regarding their ownership and control of relevant securities, as well as their recent divestment activities. This information is crucial for stakeholders and market participants to understand the dynamics of ownership and trading activities within the company.