COASTAL GL(01124): The seller and the offeror have resumed negotiations to finalize the terms of the potential transaction.

18:59 15/12/2025

Coastal Homes (01124) has announced that, in line with the interim results published by the company on November 30, 2025, the company has been informed by the seller that the seller and the offeror have resumed negotiations to finalize the terms of the potential transaction. The company and the offeror are also actively preparing for disclosure in accordance with Rule 3.5 of the Takeover Code (Rule 3.5 disclosure).

COASTAL GL (01124) announced that, as stated in the interim results published on November 30, 2025, the Company has been informed by the seller that negotiations have resumed with the seller and the offeror to finalize the terms of a potential transaction. The Company and the offeror are actively preparing for publication in accordance with Rule 3.5 of the Takeovers Code. The potential transaction is subject to further negotiations and the signing of a formal and legally binding agreement by both parties. As of the date of this announcement, the seller and the offeror or any other party have not entered into a formal or legally binding agreement regarding the potential transaction.

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