Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 6.40% interest in Crest Nicholson Holdings Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes the ownership of 16,452,800 5p Ordinary shares. The disclosure also details a recent purchase of 8,989 shares at a price of GBP 2.64 per unit. The ultimate parent company of Threadneedle Asset Management Holdings Ltd and affiliated companies is Ameriprise Financial, Inc.
The disclosure does not include any cash-settled derivative transactions, stock-settled derivative transactions, or other dealings. Additionally, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives included in the disclosure.
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 regulatory requirements.