The Vanguard Group, Inc. Reveals Position in Redrow plc

The Vanguard Group, Inc. has disclosed its ownership position in Redrow plc through Form 8.3 compliance with Rule 8.3 of the Takeover Code. On June 5, 2024, the company reported holdings amounting to 13,381,523 ordinary shares, which constitutes 4.05% of Redrow’s issued share capital. Additionally, Vanguard revealed that it holds similar interests in Barratt Developments plc.

Vanguard also executed purchases of Redrow’s 10.5p ordinary shares. Specifically, the company bought 16,326 shares at £7.17 each and an additional 3,278 shares at £7.18 each. The disclosures come under the public opening position rule and include relevant details on the company's investments in Redrow securities.

The disclosure further confirmed that there are no existing arrangements or agreements involving indemnities, options, or derivatives between Vanguard and Redrow parties. No Supplemental Form 8 was attached as no open positions were reported beyond the disclosed interests.