The Vanguard Group, Inc. Reports Position in Redrow plc

The Vanguard Group, Inc. has disclosed its position in Redrow plc as of March 19, 2024, revealing an ownership of 12,938,070 shares, which translates to a 3.91% stake in the company. This information is mandated under Rule 8.3 of the Takeover Code, requiring public declaration by entities holding interests in relevant securities of 1% or more.

In recent transactions, The Vanguard Group acquired an additional 7,965 shares of Redrow plc at a price of 6.46 GBP each. This purchase is part of the firm's active management of its investment portfolio. Despite these dealings, The Vanguard Group reports no involvement in any agreement, arrangement, or understanding that requires disclosure under the Takeover Code. As of the announcement date, no Supplemental Form 8 (Open Positions) has been attached to their disclosure.

The disclosure highlights the investment firm's compliance with regulatory requirements and provides transparency into its stake within Redrow plc. Shawn Acker is listed as the contact name, affording direct communication for further inquiries related to this disclosure.