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The Vanguard Group, Inc. Discloses Position in Redrow plc
The Vanguard Group, Inc. reported a significant ownership interest in Redrow plc as per a Form 8.3 disclosure on 8 July 2024. The form details The Vanguard Group’s holdings in Redrow, factoring in the stipulations of Rule 8.3 of the Takeover Code.
On 5 July 2024, The Vanguard Group held 13,679,424 shares in Redrow, representing a 4.14% stake in the company’s 10.5p ordinary shares. Notably, the disclosure includes positions in Barratt Developments plc as well.
The form specifies one recent transaction: a purchase of 928 shares at 7.14 GBP per unit. The Vanguard Group indicated no open stock-settled derivative positions or agreements for purchasing or selling further securities at this time.
There were no indemnity or other dealing arrangements, nor agreements or understandings related to options or derivatives.
R. P.
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