Lupus alpha Asset Management AG Discloses Position in Crest Nicholson Holdings Plc

Lupus alpha Asset Management AG has disclosed an opening position in Crest Nicholson Holdings Plc as per Rule 8.3 of the Takeover Code. The disclosure was made on June 21, 2024, detailing interests and short positions in Crest Nicholson Holdings Plc.

The asset manager holds 7,283,000 ordinary shares, representing 2.83% of Crest Nicholson's relevant securities. Notably, Lupus alpha does not exercise voting rights on 5,871,000 of these shares. Additionally, the firm has recently purchased 136,000 ordinary shares at a unit price of 2.4941.

No cash-settled or stock-settled derivative positions were reported. The disclosure also confirms the absence of any agreements, arrangements, or understandings related to options or derivatives with other parties to the offer.