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

On July 22, 2024, Lupus Alpha Asset Management AG disclosed their position in Crest Nicholson Holdings Plc. The form, submitted under Rule 8.3 of the Takeover Code, details their holdings and recent dealings in the company’s relevant securities.

As of July 19, 2024, Lupus Alpha holds 10,125,000 ordinary shares of Crest Nicholson, representing 3.9409% of the total shares. It is noteworthy that the firm does not have discretion over voting decisions for 8,271,000 of these shares.

Additionally, Lupus Alpha reported a sale of 53,000 ordinary shares at a unit price of 2.548. No other derivative positions or subscription rights were disclosed.

There are no existing indemnity, option arrangements, or agreements relating to these securities. This disclosure provides transparency into the firm’s investment activities and their stake in Crest Nicholson Holdings Plc.