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Vanguard Group Discloses Stake in Redrow plc

The Vanguard Group, Inc. has reported its ownership and control of shares in Redrow plc, as detailed in their latest Form 8.3 filing with the financial authorities on April 30, 2024. According to the document, the investment firm held a significant 3.96% interest in Redrow plc, encompassing a total of 13,083,564 ordinary shares at 10.5p each.

The filing further specified a recent purchase transaction involving 26,183 Redrow securities, bought at a price of 6.46 GBP per unit on April 29, 2024. Despite these dealings, Vanguard has declared no intentions of engaging in further transactions relating to other parties or cash-settled derivatives with respect to Redrow plc.

No agreements, arrangements, or understandings regarding indemnity or dealing arrangements were disclosed, suggesting Vanguard's investment stance is based purely on financial interests without any underlying strategic agreements influencing their position.

R. H.

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