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 and dealings of Lupus alpha Asset Management AG in relation to Crest Nicholson Holdings Plc.
As of the latest practicable date prior to the disclosure, Lupus alpha Asset Management AG holds 3.74% of the 5p ordinary shares of Crest Nicholson Holdings Plc, amounting to 9,609,000 shares. It is important to note that Lupus alpha Asset Management AG does not have discretion regarding voting decisions in respect of 7,832,000 shares, which are included in the total disclosed.
The disclosure also includes details of a purchase of 51,000 ordinary shares at a price of 2.3984 per unit. Additionally, it specifies that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives, and 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 with Crest Nicholson Holdings Plc, in compliance with the regulatory requirements of the Takeover Code.