The Vanguard Group Discloses Interest in Crest Nicholson Holdings plc

The Vanguard Group, Inc. has disclosed its holdings in Crest Nicholson Holdings plc, following Rule 8.3 of the Takeover Code. As of August 1, 2024, Vanguard controls 13,169,512 shares, representing 5.13% of Crest Nicholson’s ordinary shares.

The disclosure reveals that Vanguard conducted a purchase of 24,076 shares at a price of 2.64 GBP per unit. There are no other disclosed dealings involving derivatives or new securities subscriptions by Vanguard in this context.

Vanguard has clarified that no indemnity, option arrangements, or any formal or informal agreements related to the relevant securities exist. The declaration also states there are no agreements concerning voting rights or future transactions tied to any derivatives.

In addition to its interest in Crest Nicholson, Vanguard is also making disclosures related to Bellway plc. No further details were provided about the nature of these interests.