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CRST Crest Nicholson Holdings Plc

186.40
2.20 (1.19%)
Last Updated: 09:23:15
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Crest Nicholson Holdings Plc LSE:CRST London Ordinary Share GB00B8VZXT93 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.20 1.19% 186.40 185.50 187.00 186.40 181.40 185.00 136,356 09:23:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Construction Machinery & Eq 657.5M 17.9M 0.0697 26.43 473.25M

Crest Nicholson Holdings PLC Building Safety Pledge (5899I)

19/04/2022 10:33am

UK Regulatory


Crest Nicholson (LSE:CRST)
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TIDMCRST

RNS Number : 5899I

Crest Nicholson Holdings PLC

19 April 2022

Crest Nicholson Holdings plc

(the 'Group' or 'Crest Nicholson')

BUILDING SAFETY PLEDGE

Following the Group's announcement on 5 April 2022 of its intention to sign the Building Safety Pledge (the "Pledge"), Crest Nicholson Holdings plc today announces it has signed the Pledge without requiring further regulatory approval.

As stated in the announcement of 5 April 2022, the Board considers that an exceptional charge in the range of GBP80m to GBP120m currently represents its best estimate of the further liability that will arise by signing the Pledge.

The Group looks forward to providing an update on progress against its strategy at the half year results announcement on 14 June 2022.

For further information, please contact:

 
 Crest Nicholson 
 Jenny Matthews, Head of Investor 
  Relations                           +44 (0) 7557 842720 
 Tulchan Communications 
 James Macey White / Giles Kernick    +44 (0) 20 7353 4200 
 

19 April 2022

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

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(END) Dow Jones Newswires

April 19, 2022 05:33 ET (09:33 GMT)

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