State Street Global Advisors has disclosed a position in Redrow plc, representing 0.93866% of the 10.5p ordinary shares. The disclosure, made on 29th April 2024, includes the purchase and sale of these securities. The company purchased 1,716 shares at GBP 6.445 and sold 888 shares at GBP 6.4675, as well as 687 shares at GBP 6.445007. Additionally, the disclosure indicates that State Street Global Advisors is also making disclosures in respect of Barratt Developments plc.
The disclosure also includes details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities, which may be an inducement to deal or refrain from dealing. In this case, there are no such agreements, arrangements, or understandings. Furthermore, there are no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides comprehensive information about the interests and short positions in the relevant securities of Redrow plc, as well as the dealings made by State Street Global Advisors. It is a part of the regulatory requirements under Rule 8.3 of the Takeover Code, ensuring transparency and compliance with the disclosure requirements.