State Street Global Advisors has disclosed a 0.94001% interest in Redrow plc, representing 3,109,282 ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, also includes a sale of 1,374 ordinary shares at a price of GBP 6.44 per unit. The change in the holding is attributed to the transfer in of a discretionary holding. The disclosure also mentions Barratt Developments plc, indicating that the discloser is making disclosures in respect of this company as well.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The date of disclosure is 24th April 2024, and the contact names provided are Sreejesh Menon and Suresh Kumar, with a telephone number for inquiries.
This disclosure provides insight into State Street Global Advisors' interests and short positions in Redrow plc, as well as their involvement with Barratt Developments plc. It offers transparency regarding their recent dealings and positions in these companies, as required by the Takeover Code.