Vanguard Group Discloses Position in Redrow plc

The Vanguard Group, Inc. has disclosed its holding in Redrow plc, as per Form 8.3, released on 16 July 2024. This follows Rule 8.3 of the Takeover Code and applies to entities with an interest in relevant securities representing 1% or more.

As of 15 July 2024, Vanguard's disclosed interests in Redrow plc amount to 13,861,349 ordinary shares, representing 4.19% of total shares. Additionally, there were no related short positions or stock-settled derivatives to report.

In its declarations, Vanguard revealed a recent purchase transaction. On 15 July 2024, the company acquired 2,784 Redrow plc ordinary shares at 7.08 GBP per unit. No cash-settled derivatives or other variations were involved.

No indemnities, other dealing arrangements, options, or agreements affecting the voting rights or future acquisition of relevant securities were reported.

This disclosure also indicates that Vanguard is making disclosures concerning Barratt Developments plc in addition to Redrow plc.