Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 7.20% stake in Crest Nicholson Holdings Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, reveals that the company owns and/or controls 18,495,309 relevant securities of Crest Nicholson Holdings Plc. The disclosure was made on 3rd July 2024, and it includes details of the interests and short positions in the relevant securities.
The disclosure also includes information about the dealings made by Threadneedle Asset Management Holdings Ltd. It shows that the company sold 134,411 5p Ordinary shares of Crest Nicholson Holdings Plc at a price of GBP 2.45 per unit. Additionally, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides valuable insight into Threadneedle Asset Management Holdings Ltd's significant stake in Crest Nicholson Holdings Plc, offering transparency to the market and investors. It also indicates the company's recent dealings in the relevant securities of Crest Nicholson Holdings Plc, contributing to a better understanding of the company's position and activities in the market.