BlackRock Group has released a Form 8.3 disclosure regarding their interests in Crest Nicholson Holdings plc. The disclosure, made under Rule 8.3 of the Takeover Code, provides key information about BlackRock's positions and dealings related to Crest Nicholson Holdings plc's securities.
BlackRock, Inc. disclosed that they own and/or control 18,433,630 relevant securities of Crest Nicholson Holdings plc, representing 7.17% of the total. Additionally, they hold cash-settled derivatives and have made purchases of 82,925 securities at a price of GBP 2.6320 per unit.
The disclosure also mentions that BlackRock is making disclosures in respect of another party to the offer, Bellway plc. The document further includes details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities, and confirms that there are no such agreements, arrangements, or understandings.
The disclosure provides a comprehensive overview of BlackRock's positions and dealings related to Crest Nicholson Holdings plc's securities, in compliance with the regulatory requirements of the Takeover Code. For further details, the document directs readers to the Panel's Market Surveillance Unit for consultation in relation to the Code's disclosure requirements.