FMR LLC and FIL Limited, along with their subsidiaries, have disclosed their position in REDROW PLC, a key player in the real estate industry. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that FMR LLC and its subsidiaries hold 1.33% of the 10.5p ordinary shares of REDROW PLC, amounting to 4,420,612 shares. The disclosure also includes details of a sale of 244,345 shares at a price of 6.37 GBP per share.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental Form 8 (Open Positions) is attached to the disclosure.
This disclosure provides insight into the significant position held by FMR LLC and FIL Limited in REDROW PLC, shedding light on their interests and short positions in the company's securities. It also offers transparency regarding their recent dealings in the relevant securities of REDROW PLC.