Vanguard Reports Significant Stake in Redrow plc

The Vanguard Group, Inc. disclosed their latest positions on Redrow plc through Form 8.3, indicating a substantial shareholding. As of April 16, 2024, Vanguard owns 3.94% of Redrow plc, equating to 13,046,827 shares. Additionally, their dealings involved the sale of 588 shares at a price of 6.32 GBP each. Vanguard's disclosure also includes a second entity, mentioning disclosures about Barratt Developments plc.

This information is required under Rule 8.3 of the Takeover Code, which mandates public disclosure from persons holding interests in securities that represent 1% or more of a traded company. The document confirms no dealings in cash-settled derivatives or stock-settled derivatives related to Redrow plc were reported.

No indemnity, option arrangements, or agreements relating to the voting rights of any relevant securities under any option, or the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced, were declared as per the disclosure.