Lupus alpha Asset Management AG has released a Form 8.3 disclosure regarding its interests in Crest Nicholson Holdings Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, provides key information about the positions held by the discloser and any dealings undertaken. As of the latest practicable date prior to the disclosure, Lupus alpha Asset Management AG owns and/or controls 9,558,000 shares, representing 3.72% of the relevant securities of Crest Nicholson Holdings Plc.
The disclosure also includes details of a purchase of 206,000 ordinary shares at a price of 2.38 per unit. Additionally, it specifies that Lupus alpha Asset Management AG does not have discretion regarding voting decisions in respect of 7,781,000 shares, which are included in the total ownership and control of 9,558,000 shares.
Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no Supplemental Form 8 (Open Positions) is attached to the disclosure.
The release of this Form 8.3 disclosure by Lupus alpha Asset Management AG provides transparency and insight into its interests and dealings in relation to Crest Nicholson Holdings Plc, in compliance with the regulatory requirements of the Takeover Code.