Persimmon PLC

Legal Proceedings Report • Jul 9, 2025

National Storage Mechanism | Additional information

RNS Number : 3326Q

Persimmon PLC

09 July 2025

9 July 2025      

UK Competition and Markets Authority proposes closure of its investigation

Persimmon welcomes the announcement made on 9 July 2025 by the UK Competition and Markets Authority ("CMA") that it proposes to accept commitments and close its investigation into Persimmon and six other UK housebuilders regarding suspected anti-competitive conduct, without making any finding that Persimmon plc and its group companies has infringed UK competition law.

Persimmon has worked constructively with the CMA throughout its enquiry. Alongside the other housebuilders under investigation, it has voluntarily offered commitments in response to the potential concerns investigated by the CMA.

Persimmon's decision to offer voluntary commitments does not constitute an admission of any wrongdoing nor does it imply that Persimmon agrees with the concerns expressed by the CMA in the investigation.

The commitments include an ex gratia financial contribution from all seven housebuilders to the government's Affordable Homes Programme totalling £100 million. Persimmon's proportionate contribution is £15.24 million.

Persimmon remains focused on delivering more of the high-quality, affordable homes which are its core strength, and maintaining its high standards of customer service and satisfaction.

Notes

On 26 February 2024, the Competition and Markets Authority opened an investigation into eight housebuilders (following the Barratt/Redrow mergers, seven housebuilders) under Chapter I of the Competition Act 1998. More information can be found here: Investigation into suspected anti-competitive conduct by housebuilders - GOV.UK

For further information please contact:

Victoria Prior, Group IR Director Anthony Vigor, Group Director of Strategic Partnerships and External Affairs	Giles Kernick, Teneo Elizabeth Snow, Teneo
Persimmon Plc	persimmon@teneo.com
Tel: +44 (0) 1904 642199	Tel: +44 (0) 7912 540 246

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