Allianz Global Investors, through its Global Equity Business Unit, has disclosed its interest in Redrow plc, a UK-based housebuilding company. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, indicates that Allianz Global Investors holds 3.29% of the relevant securities of Redrow plc, representing 10,912,991 ordinary shares. The disclosure also mentions that Allianz Global Investors is making disclosures in respect of Barratt Developments plc.

The form also details a sale of 56,212 10.5p ordinary shares of Redrow plc at a price of GBP 6.5212 per unit. It further states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.

The disclosure provides contact information for further inquiries and emphasizes that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. It also notes that the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.

This disclosure by Allianz Global Investors provides insight into its significant interest in Redrow plc and its related disclosures in respect of Barratt Developments plc, shedding light on the investment activities of a major global investor in the UK housebuilding sector.