Vanguard Group Announces Investment Update on Redrow plc

The Vanguard Group, Inc. shared a disclosure under Rule 8.3 of the Takeover Code, detailing their holdings in Redrow plc as of April 30, 2024. The statement reveals that Vanguard controls approximately 3.96% of Redrow plc, amounting to 13,103,300 ordinary securities priced at 10.5p. Additionally, Vanguard indicated its involvement with another entity, Barratt Developments plc, within the disclosure parameters set for offers or potential cash offers. Furthermore, Vanguard executed a transaction involving 19,736 shares of Redrow plc, purchasing each at a price of 6.43 GBP.

Vanguard confirmed that there are no indemnity, option arrangements, or any agreements influencing their dealings as stipulated by the disclosure requirements of the Takeover Code. The document also stated that there are no attachments, such as a Supplemental Form 8 (Open Positions), concerning this update. Shawn Acker from The Vanguard Group, can be contacted for more information regarding the disclosure.