The Vanguard Group, Inc.: Position Disclosure on Redrow plc

The Vanguard Group, Inc. has disclosed its interest in Redrow plc as required by Rule 8.3 of the Takeover Code. The disclosure dated 18 June 2024, details the substantial positions Vanguard holds.

Vanguard holds 13,401,450 ordinary shares of Redrow plc, accounting for 4.05% of the company. This position includes no cash-settled or stock-settled derivatives.

The declaration also identifies that Vanguard has reported interests in Barratt Developments plc. The only notable transaction reported was the purchase of 113 shares at 6.87 GBP per unit on 17 June 2024.

There are no indemnity or option agreements, or any other dealings or understandings worth noting in this disclosure. No Supplemental Form 8 is attached to offer further details on open positions.

This position reflects Vanguard's significant interest in the UK property development sector, particularly in Redrow plc.