REG - Vistry Group PLC - CMA consults on proposed voluntary commitments

VistryAnnouncement

Today 07:15

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RNS Number : 3324Q  Vistry Group PLC  09 July 2025

9 July 2025

 

UK Competition and Markets Authority consults on proposed voluntary
commitments

in housebuilding investigation

Vistry Group plc ("Vistry") notes the UK Competition and Markets Authority's
("CMA") announcement today 1  (#_ftn1) that it is inviting views on voluntary
commitments offered by Vistry and six other UK housebuilders 2  (#_ftn2) as
part of the CMA's ongoing investigation in the housebuilding sector.

Vistry has engaged proactively with the CMA throughout its investigation,
including by voluntarily offering binding commitments ("Voluntary
Commitments") in response to the potential concerns investigated by the CMA,
and with a view to resolving the investigation expeditiously.

The Voluntary Commitments include a commitment by Vistry and the six other UK
housebuilders to contribute £100 million in aggregate to His Majesty's
Government which shall be disbursed to government programmes which fund and
support the construction of affordable homes in England, Scotland, Wales and
Northern Ireland. Vistry will contribute £12.8 million as part of this
commitment.

Vistry's offer of the Voluntary Commitments does not constitute an admission
of any wrongdoing by it nor may it be construed as implying that Vistry agrees
with any concerns expressed by the CMA, including those set out in the Notice
of Intention to Accept Commitments of 9 July 2025 3  (#_ftn3) .

Vistry welcomes the CMA's consultation on the Voluntary Commitments and will
continue to work constructively with the CMA throughout the process.

For further enquiries, please contact:

 Vistry Group PLC

 Tim Lawlor, Chief Financial Officer             020 3048 3393

 Susie Bell, Group Investor Relations Director

 

 1  (#_ftnref1)  Press Notice: Investigation into suspected anti-competitive
conduct by housebuilders - GOV.UK
(https://urldefense.com/v3/__https:/www.gov.uk/cma-cases/investigation-into-suspected-anti-competitive-conduct-by-housebuilders__;!!AcBi8707M5M!t5bJV2_C6MuoMmSETAk-U1ZTBr16BvQAaJLVe0bqoKybhVNHrqgBsPsZiMA67oTnL0OSsjmalgIl3GUvuscvIYvQD-458ofjJQ$)

 2  (#_ftnref2) Barratt Redrow plc, Bellway plc, The Berkeley Group plc, Bloor
Homes Limited, Persimmon plc and Taylor Wimpey plc.

 3  (#_ftnref3) Notice of Intention to Accept Commitments: Investigation into
suspected anti-competitive conduct by housebuilders - GOV.UK
(https://urldefense.com/v3/__https:/www.gov.uk/cma-cases/investigation-into-suspected-anti-competitive-conduct-by-housebuilders__;!!AcBi8707M5M!t5bJV2_C6MuoMmSETAk-U1ZTBr16BvQAaJLVe0bqoKybhVNHrqgBsPsZiMA67oTnL0OSsjmalgIl3GUvuscvIYvQD-458ofjJQ$)

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