Skip Nav | Home | Mobile | Editorial Guidelines | Mission Statement | About Us | Contact | Help | Security | Support Us

World

Crest Nicholson Plc New Heights New Lows: A Family Protests at AGM

The Shalom Family Campaign for Justice | 19.04.2005 00:35 | Education | Health | Social Struggles | London | World

On Friday 8th April private and institutional investors inside the Crest Nicholson AGM, at the Runnymede Hotel in Egham, Surrey, heard how the house building company defended its rejection, of a multi-million pounds, hostile, take-over-bid from Gerald Ronson’s, Heron International.

Crest Nicholson Plc Shafted Evicted Houseboat Family Protest at Crest AGM
Crest Nicholson Plc Shafted Evicted Houseboat Family Protest at Crest AGM

The Runnymede Hotel and Spa, Beautiful Hosts to Beautiful Crest Nicholson AGM
The Runnymede Hotel and Spa, Beautiful Hosts to Beautiful Crest Nicholson AGM

Penarth Marina Crest Nicholson Lest We Forget Not Always A Safe Berth
Penarth Marina Crest Nicholson Lest We Forget Not Always A Safe Berth

Penarth Marina Evicted Children A Crest Nicholson AGM Production
Penarth Marina Evicted Children A Crest Nicholson AGM Production

Father and Daughter Protest At Crest Nicholson AGM The Runnymede Hotel Surrey
Father and Daughter Protest At Crest Nicholson AGM The Runnymede Hotel Surrey

Crest Nicholson Penarth Marina Houseboat Evicted Children Protest Crest AGM 2005
Crest Nicholson Penarth Marina Houseboat Evicted Children Protest Crest AGM 2005

John Callcutt CEO Crest Plc The Fruit of HIs Work!
John Callcutt CEO Crest Plc The Fruit of HIs Work!

The Runnymede Hotel and Spa Egham Surrey Crest AGM 2005 Protest
The Runnymede Hotel and Spa Egham Surrey Crest AGM 2005 Protest


Outside the AGM, were the Crest Nicholson-evicted and ‘homeless’, Shalom family of five children.

Heron Corp (Noble Grossart and Lehman Bros) has indicated that it could make a £480 million pounds offer for the company, but Crest Plc Chairman, John Matthews insists that the Crest Group is worth considerably more. Commenting in the official ‘annual general meeting announcement’, John Matthews states, “In addition to the contracted short term land bank, we have a pipeline of agreed projects not yet contracted of 5,190 housing units and 878,000 sq ft of commercial space. This pipeline also has an expected average unit developed sales value broadly equivalent to our year end development portfolio. This pipeline includes our urban regeneration schemes at Oakgrove (Milton Keynes), Penarth Heights, Aylesbury Town Centre and Phases II and III of Bath Western Riverside.

‘Penarth Heights’, a £100 million pounds Crest Nicholson South Western redevelopment, in partnership with the Vale of Glamorgan Council, will consist of 440 residential units overlooking Penarth Marina, Cardiff Bay and the Bristol Channel.

The Shalom Family maintain that records prove that their houseboat M V Picton was first evicted from Penarth Marina in the Vale of Glamorgan on 28th October 2003, due to a ‘beauty show’ held by the company. The houseboat was subsequently seized on April 21st 2004 from Cardiff Bay waters, which Crest Nicholson claimed to be still on their property. The Shaloms maintain to have documented the case sufficiently, to believe that the property and land in question did not belong to Crest Nicholson but to the Cardiff Harbour Authority. The disputed Crest Nicholson Land ownership in Cardiff Bay, “Europe’s Most Exciting Waterfront Development”, is believed to be part of a compulsory purchase order made many years earlier, in connection with the Cardiff Bay Development Corporation. The Corporation has since been wound up but it would appear from letters received from Mr. Roger Thorney, Cardiff Harbour Authority Operations Director, that official paperwork may not have been duly processed. This is after many years of the original compulsory purchase order being made.

In the AGM announcement Crest chairman John Matthews states, “Our market position in both traditional and urban regeneration schemes and the quality of our short term and strategic land banks offer our shareholders excellent prospects for future growth and increased value.” However, with Crest Nicholson Plc involved with the making of such disputed claims of property ownership, as in the case of the Shalom family, such a state of affairs, could affect the way Crest Nicholson actually ‘sees’ its own land reserves. Cardiff Harbour Authority is owned by Cardiff County Council.

The family also hold John Callcutt CEO Crest Plc., responsible for a grounding and toppling ‘accident’ sustained to their home, whilst it was at the marina. M V Picton began to show signs of damage and an extraordinary leak was discovered after this incident, but Crest failed to grant the family permission to fix the leak, on a purpose built emergency facility within Penarth marina. Without permission being granted, the insurance on Picton expired and Crest Nicholson Marinas Limited seized on an opportunity for ‘breach of contract’, refusing to accept further mooring fees from the Family. The houseboat family were subsequently evicted on a charge of trespass.

Crest shares have surged recently to a record high on speculation that Heron could raise its offer or that another house builder might submit a rival bid, but Heron International have effectively requested that Crest Plc ‘open up the books’.

After eradicating the Shalom Family home from Wales, Crest Nicholson Plc were swift to dispose of their subsidiary marina business, to former Crest Nicholson staff, in July 2004. Headed by Simon Haigh, and Andrew Yates, the company has since been renamed as Quay Marinas Limited. Mr. Yates has conveyed to the family that he, “does not want to bring the children into all this”.

Besides their houseboat home of 14 years and entire family personal possessions, there has been no news of the children’s 7 pet goldfish, which were also seized during the final stage of the Crest Nicholson, Penarth Marina eviction process, nearly one year ago.

Contact John Callcutt CEO Crest Plc
(via personal secretary,) e-mail  jmajor@crestnicholson.com
Tel. 01932 847272
Fax. 01932 840150

The Shalom Family Campaign for Justice
Tel. 07713 954355

The Shalom Family Campaign for Justice
- e-mail: wwwnoahsark@aol.com
- Homepage: http://www.mvpicton.co.uk

Comments

Hide the following comment

Crest Nicholson backhanders to Waverley Borough Council planning Dept

07.09.2006 16:37

Crest Nicholson has paid ~ £20M of backhanders to Waverley Borough Council planning Dept, in lieu of East St Development Farham, they want to knock down a listed Theatre building and erect a multi screen cinema, the grade 2 listed theatre is owned by WB council - suprise! The underground car park to be built is below the waterline and some of the proposed site is to be built on land contaminated by an old gas works... all using public monies!

Anonymous


Publish

Publish your news

Do you need help with publishing?

/regional publish include --> /regional search include -->

World Topics

Afghanistan
Analysis
Animal Liberation
Anti-Nuclear
Anti-militarism
Anti-racism
Bio-technology
Climate Chaos
Culture
Ecology
Education
Energy Crisis
Fracking
Free Spaces
Gender
Globalisation
Health
History
Indymedia
Iraq
Migration
Ocean Defence
Other Press
Palestine
Policing
Public sector cuts
Repression
Social Struggles
Technology
Terror War
Workers' Movements
Zapatista

Kollektives

Birmingham
Cambridge
Liverpool
London
Oxford
Sheffield
South Coast
Wales
World

Other UK IMCs
Bristol/South West
London
Northern Indymedia
Scotland

Server Appeal Radio Page Video Page Indymedia Cinema Offline Newsheet

secure Encrypted Page

You are viewing this page using an encrypted connection. If you bookmark this page or send its address in an email you might want to use the un-encrypted address of this page.

If you recieved a warning about an untrusted root certificate please install the CAcert root certificate, for more information see the security page.

IMCs


www.indymedia.org

Projects
print
radio
satellite tv
video

Africa

Europe
antwerpen
armenia
athens
austria
barcelona
belarus
belgium
belgrade
brussels
bulgaria
calabria
croatia
cyprus
emilia-romagna
estrecho / madiaq
galiza
germany
grenoble
hungary
ireland
istanbul
italy
la plana
liege
liguria
lille
linksunten
lombardia
madrid
malta
marseille
nantes
napoli
netherlands
northern england
nottingham imc
paris/île-de-france
patras
piemonte
poland
portugal
roma
romania
russia
sardegna
scotland
sverige
switzerland
torun
toscana
ukraine
united kingdom
valencia

Latin America
argentina
bolivia
chiapas
chile
chile sur
cmi brasil
cmi sucre
colombia
ecuador
mexico
peru
puerto rico
qollasuyu
rosario
santiago
tijuana
uruguay
valparaiso
venezuela

Oceania
aotearoa
brisbane
burma
darwin
jakarta
manila
melbourne
perth
qc
sydney

South Asia
india


United States
arizona
arkansas
asheville
atlanta
Austin
binghamton
boston
buffalo
chicago
cleveland
colorado
columbus
dc
hawaii
houston
hudson mohawk
kansas city
la
madison
maine
miami
michigan
milwaukee
minneapolis/st. paul
new hampshire
new jersey
new mexico
new orleans
north carolina
north texas
nyc
oklahoma
philadelphia
pittsburgh
portland
richmond
rochester
rogue valley
saint louis
san diego
san francisco
san francisco bay area
santa barbara
santa cruz, ca
sarasota
seattle
tampa bay
united states
urbana-champaign
vermont
western mass
worcester

West Asia
Armenia
Beirut
Israel
Palestine

Topics
biotech

Process
fbi/legal updates
mailing lists
process & imc docs
tech