REG - Citigroup Global Mkt Crest Nicholson Hdgs - Form 8.5 (EPT/RI)

Crest Nicholson HoldingsAnnouncement

08/07/2024 09:45

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RNS Number : 4954V  Citigroup Global Markets Limited  08 July 2024

 

FORM 8.5 (EPT/RI)

 

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH

RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

 

1. KEY INFORMATION

 (a) Name of exempt principal trader:                                            Citigroup Global Markets Limited
 (b) Name of offeror/offeree in relation to whose relevant securities this form  Crest Nicholson Holdings plc
 relates:

  Use a separate form for each offeror/offeree
 (c) Name of the party to the offer with which exempt principal trader is        Bellway plc
 connected:
 (d) Date dealing undertaken:                                                    05 July 2024
 (e) In addition to the company in 1(b) above, is the exempt principal trader    Bellway plc
 making disclosures in respect of any other party to this offer?

  If it is a cash offer or possible cash offer, state "N/A"

 

2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER

 

Where there have been dealings in more than one class of relevant securities
of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as
appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a) Purchases and sales

 

 Class of relevant security  Purchases/ sales  Total number of securities  Highest price per unit paid/received  Lowest price per unit paid/received
 5p ordinary                 Purchase          70,229                      GBP 2.6820                            GBP 2.4979
 5p ordinary                 Sale              13,122                      GBP 2.7000                            GBP 2.5560

 

(b) Cash-settled derivative transactions

 

 Class of relevant security  Product description  Nature of dealing                                                                Number of reference securities  Price per unit

                              e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a long/short
                                                  position
 5p ordinary                 TRS                  Reducing Long Position                                                           1,176                           GBP 2.4979
 5p ordinary                 TRS                  Reducing Long Position                                                           9,668                           GBP 2.5000
 5p ordinary                 TRS                  Reducing Long Position                                                           867                             GBP 2.5201
 5p ordinary                 TRS                  Reducing Long Position                                                           5,726                           GBP 2.5276
 5p ordinary                 TRS                  Reducing Long Position                                                           18,488                          GBP 2.5300
 5p ordinary                 TRS                  Reducing Long Position                                                           11,241                          GBP 2.5564
 5p ordinary                 TRS                  Reducing Long Position                                                           1,799                           GBP 2.5570
 5p ordinary                 TRS                  Reducing Long Position                                                           5,475                           GBP 2.5728
 5p ordinary                 TRS                  Reducing Long Position                                                           2,643                           GBP 2.6324
 5p ordinary                 TRS                  Increasing Short Position                                                        24                              GBP 2.5000

 

(c) Stock-settled derivative transactions (including options)

 

(i) Writing, selling, purchasing or varying

 

 Class of relevant security  Product description  Writing, purchasing, selling, varying etc.  Number of securities to which option relates  Exercise price per unit  Type                             Expiry date  Option money paid/ received per unit

                              e.g. call option                                                                                                                        e.g. American, European etc.

 

(ii) Exercise

 

 Class of relevant security  Product description  Exercising/ exercised against  Number of securities  Exercise price per unit

                              e.g. call option

 

(d) Other dealings (including subscribing for new securities)

 

 Class of relevant security  Nature of dealing                 Details  Price per unit (if applicable)

                              e.g. subscription, conversion

 

3. OTHER INFORMATION

 

(a) Indemnity and other dealing arrangements

 

 Details of any indemnity or option arrangement, or any agreement or
 understanding, formal or informal, relating to relevant securities which may
 be an inducement to deal or refrain from dealing entered into by the exempt
 principal trader making the disclosure and any party to the offer or any
 person acting in concert with a party to the offer:

  Irrevocable commitments and letters of intent should not be included. If
 there are no such agreements, arrangements or understandings, state "none"
 None

 

(b) Agreements, arrangements or understandings relating to options or
derivatives

 

 Details of any agreement, arrangement or understanding, formal or informal,
 between the exempt principal trader making the disclosure and any other person
 relating to:

 (i) the voting rights of any relevant securities under any option; or

 (ii) the voting rights or future acquisition or disposal of any relevant
 securities to which any derivative is referenced:

  If there are no such agreements, arrangements or understandings, state
 "none"
 None

 

 Date of disclosure:                                                          08 July 2024
 Contact name:                                                                Craig Watson
 Telephone number:                                                            02890 409 605

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory
Information Service and must also be emailed to the Takeover Panel at
monitoring@disclosure.org.uk. The Panels Market Surveillance Unit is available
for consultation in relation to the Codes dealing disclosure requirements on
+44 (0)20 7638 0129.

 

The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.

 

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