Citigroup Global Markets Limited has released a Form 8.5 (EPT/RI) public dealing disclosure related to Crest Nicholson Holdings plc. The disclosure, dated 15th July 2024, provides key information about the dealings undertaken by the exempt principal trader. The form includes details of purchases, sales, cash-settled derivative transactions, and stock-settled derivative transactions.
In the disclosed dealings, Citigroup Global Markets Limited purchased 158,054 5p ordinary shares at a price ranging from GBP 2.5401 to GBP 2.5932 per unit. Additionally, they sold 3,674 5p ordinary shares at a price ranging from GBP 2.5420 to GBP 2.5703 per unit. The form also outlines various cash-settled derivative transactions, including closing long positions and reducing long positions, with varying numbers of reference securities and prices per unit.
The disclosure further includes information about stock-settled derivative transactions, detailing the writing, purchasing, selling, and varying of call options, along with the exercise of call options. The form also confirms that there are no indemnity and other dealing arrangements or agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in compliance with Rule 8 of the Takeover Code and has been made to a Regulatory Information Service, as well as emailed to the Takeover Panel. For any further consultation regarding the Code's dealing disclosure requirements, the Market Surveillance Unit of the Panel is available for assistance.
The disclosure provides a comprehensive overview of the trading activity conducted by Citigroup Global Markets Limited in relation to Crest Nicholson Holdings plc, offering transparency and compliance with regulatory requirements.