Schroders PLC has disclosed a position in Redrow PLC, representing 1.019% of the 10.5p ordinary shares. The disclosure, made on 24th June 2024, includes 3,371,277 relevant securities owned and/or controlled by Schroders PLC. Additionally, the disclosure mentions that Schroders PLC does not have discretion regarding dealing and/or offer acceptance/voting decisions in respect of 1,300,000 shares that are included in the total above.
The disclosure also includes details of a sale of 1000 10.5p ordinary shares at a price of 7.06143 GBP per unit. Furthermore, it mentions a transfer in of 1000 10.5p ordinary shares at a price of 7.105 GBP per unit.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure.
This disclosure is in accordance with Rule 8.3 of the Takeover Code and is a public opening position disclosure/dealing disclosure by Schroders PLC, a person with interests in relevant securities representing 1% or more.