25th Sep 2025 09:30
Vistry Group PLC - Kent, England-based housebuilder - Secures a further grant award from Homes England, worth GBP50 million. Notes that this injection forms part of the GBP2 billion in additional grant funding announced back in March as part of the government's Spending Review. Begins allocating the capital toward the delivery of affordable housing schemes this year. Notes it has received GBP252 million in funding as a strategic partner under the 21-26 Affordable Homes Programme, with this allowing the delivery of a further 3,500 affordable homes in the UK.
"This significant investment underlines the group's ongoing commitment to deliver high-quality, sustainable homes, supports the government's ambitions to increase housing supply at pace and demonstrates our successful track record of delivery for Homes England," says Chief Executive Greg Fitzgerald.
Current stock price: 634.20 pence, down 0.1% on Thursday morning in London
12-month change: down 51%
By Christopher Ward, Alliance News reporter
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