Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 6.94% interest in Crest Nicholson Holdings Plc. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership of 17,840,623 ordinary shares. The disclosure also mentions the ultimate parent company, Ameriprise Financial, Inc. The disclosure was made on 8th July 2024 and includes details of purchases and sales of 5p Ordinary shares, with 41,266 securities sold at GBP 2.45 per unit.
The disclosure also indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The contact person for the disclosure is Ben Lyon, with a provided telephone number for further inquiries.
This disclosure provides insight into the significant interest held by Threadneedle Asset Management Holdings Ltd and its affiliate companies in Crest Nicholson Holdings Plc, offering transparency in line with the regulatory requirements of the Takeover Code.