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The Vanguard Group Announces Disclosure of its Position in Redrow plc

On August 15, 2024, The Vanguard Group, Inc. released a Form 8.3 announcement disclosing its position in Redrow plc. The disclosure was made in compliance with Rule 8.3 of the Takeover Code.

The filing highlighted that Vanguard holds a 4.30% interest in Redrow's 10.5p ordinary shares, translating to 14,235,340 shares. The report also mentioned that on August 14, 2024, Vanguard executed a purchase of 32,749 Redrow shares at 7.71 GBP per share and a sale of 1,359 shares at 7.70 GBP per share.

Additionally, the disclosure noted that Vanguard is also reporting interests in Barratt Developments plc, which is relevant to the broader context of the dealings.

Notably, there were no cash-settled or stock-settled derivatives in the reported positions, nor were there any indemnities or other dealing arrangements.

R. E.

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