The Vanguard Group, Inc. Discloses Holdings in Crest Nicholson

The Vanguard Group, Inc. has disclosed its public opening position in Crest Nicholson Holdings plc. As of July 18, 2024, Vanguard holds 13,064,343 ordinary shares, representing 5.08% of Crest Nicholson's capital. This information was released in accordance with Rule 8.3 of the Takeover Code.

The form also indicates that Vanguard has made disclosures concerning Bellway plc in addition to Crest Nicholson. No significant agreements, arrangements, or understandings relating to the voting rights of the securities were reported.

In transactions disclosed, Vanguard purchased 43,400 units of 5p ordinary shares at 2.58 GBP per unit. No additional cash-settled or stock-settled derivatives were reported.

This disclosure provides critical insight into Vanguard's investment positioning within the UK housing sector, reflecting its strategic interests in both Crest Nicholson and Bellway.