UK's Vistry slides on media report of Allianz Trade cutting cover for suppliers

Vistry

10/08/2026 08:49

** Shares of affordable homebuilder Vistry VTYV.L slide 7.5% to 262.4 pence  - iggest loser on the FTSE midcap index .FTMC
** Credit insurer Allianz Trade is reducing the cover it extends to Vistry's suppliers by up to 70%, a move that could exacerbate cash flow squeeze at the struggling housebuilder, the FT reports
** Reuters could not confirm the report; Vistry and Allianz Trade did not immediately respond to a Reuters email for comment
**"It clearly does not help sentiment with investors already jittery," says Investec analyst Aynsley Lammin 
** YTD, stock down about 58% vs 10.5% gain in .FTMC

(Reporting by Neeshita Beura in Bengaluru)
((Neeshita.Beura@thomsonreuters.com))