UK buy-side displays power as Crest surges 20% after £225m IPO
Crest Nicholson, the UK housebuilder, returned to the UK main market on Wednesday morning, putting in a 15% first-day share price performance after a £225m IPO which saw the bulk of shares distributed to leading UK accounts after pricing at the top of the revised range. The shares added another 7p on Thursday, leaving them 19% up on the offer price.
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