Persimmon plc

Persimmon plc (LSE: PSN) is a British housebuilding company, headquartered in York, England, at a building called Persimmon House. The Company is named after a horse which won the 1896 Derby and St. Leger for the Prince of Wales. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index as of 23 June 2008. Persimmon was founded by Duncan Davidson in 1972. After leaving George Wimpey, Davidson had formed Ryedale Homes in 1965, selling it to Comben in 1972 for £600,000. Davidson restarted development again in the Yorkshire area; Persimmon began to expand regionally with the formation of an Anglian division in 1976 followed by operations in the midlands and the south-west. In 1984, Persimmon bought Tony...