The Vanguard Group, Inc. Discloses Position in Redrow plc

The Vanguard Group, Inc. has filed a Form 8.3, revealing its significant shareholding in Redrow plc. On August 1, 2024, the disclosure was made public as part of regulatory requirements under Rule 8.3 of the Takeover Code.

Vanguard holds 14,108,275 ordinary shares of Redrow, representing 4.27% of Redrow’s issued share capital. This information underscores Vanguard's substantial interest in the British homebuilding company.

On the same day, Vanguard acquired an additional 25,761 ordinary shares at a price of 7.54 GBP per share. The firm reported no cash-settled or stock-settled derivative positions related to this acquisition.

There are no additional agreements, arrangements, or understandings regarding options or derivatives tied to these securities. No indemnity or other dealing arrangements were made.

This disclosure provides transparency in line with regulatory requirements, offering stakeholders insight into Vanguard’s investment position and intentions concerning Redrow plc.