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Vanguard Group Discloses Position in Crest Nicholson Holdings

The Vanguard Group, Inc. has disclosed a significant interest in Crest Nicholson Holdings plc. According to Form 8.3 released on July 16, 2024, Vanguard holds 12,979,030 shares, representing 5.05% of Crest Nicholson’s ordinary shares.

The disclosure aligns with Rule 8.3 of the Takeover Code, which mandates the public release of information by persons holding 1% or more of relevant securities.

In addition to Crest Nicholson, Vanguard has reported interests in Bellway plc. The position was recorded as of July 15, 2024, detailing a purchase of 2,601 shares at 2.53 GBP per unit.

No other positions in cash-settled or stock-settled derivatives, agreements to purchase, or rights to subscribe for new securities were disclosed. Vanguard confirmed no indemnity or arrangements related to the securities would affect voting rights or future transactions.

R. H.

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