The Vanguard Group, Inc. Discloses Position in Redrow plc

The Vanguard Group, Inc. has announced a public disclosure regarding its interest in Redrow plc, as per Form 8.3, a requirement under Rule 8.3 of the Takeover Code. The disclosure highlights Vanguard's significant position in Redrow.

Vanguard holds 13,973,866 ordinary shares in Redrow, which equates to a 4.22% interest. This disclosure was made on July 23, 2024, and pertains to positions held on July 22, 2024. Additionally, Vanguard's disclosure also mentions interests in Barratt Developments plc.

The document specifies two recent trades involving Redrow’s 10.5p ordinary shares. The first trade involved the purchase of 1,856 shares at 7.01 GBP per unit, and the second involved 19,398 shares at 7.06 GBP per unit.

No supplemental Form 8 (Open Positions) was attached to the disclosure, and there were no other agreements, arrangements, or understandings relating to options or derivatives concerning Redrow.