on The Vanguard Group, Inc. (isin : US12572Q1058)
Vanguard Group Discloses Stake in Crest Nicholson Holdings
The Vanguard Group, Inc. has disclosed its interest in Crest Nicholson Holdings plc through Form 8.3 under Rule 8.3 of the Takeover Code. This rule applies to parties holding 1% or more of relevant securities.
The disclosure, dated July 8, 2024, reveals that Vanguard holds 12,723,458 ordinary shares of 5p in Crest Nicholson, representing a 4.95% stake. Additionally, Vanguard's disclosures extend to Bellway plc, another party in the offer.
Vanguard also reported a purchase of 867 ordinary shares in Crest Nicholson at a price of 2.50 GBP per unit on July 5, 2024. No other derivative or subscription rights transactions were reported.
No indemnity, option arrangements, or other agreements related to the securities were noted. The disclosure was made by Shawn Acker of Vanguard Group.
R. E.
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