10th Nov 2006 13:24
Crest Nicholson PLC10 November 2006 10 November 2006 Crest Nicholson PLC ("Crest Nicholson" or "the Company") Preliminary offer approach and rejection The Board of Crest Nicholson announces that the Company has received an approachfrom a third party at a price of 585 pence per share. The Board has rejectedthis approach. The third party, through its financial adviser, has notified the Board verballythat it has recently acquired approximately 27 per cent. of the Company's issuedshare capital including the stake of the largest shareholder. The Board isseeking to verify this holding. Enquiries: Brunswick Group LLP Tel: 020 7404 5959 Andrew Fenwick/Kate Miller This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Crest Nicholson