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 own 3,138,435 ordinary shares of REDROW PLC, representing 0.94% of the total shares. The disclosure also includes details of recent dealings, including the sale of 28,163 shares at 7.10 GBP per share and 37,418 shares at 6.95 GBP per share.
The disclosure further indicates that there are no indemnity or dealing arrangements in place, and no agreements or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The disclosure was made on 12th June 2024, and the contact person for any further information is Ada Coffey, reachable at 00 353 1 223 1020.
This disclosure provides valuable insights into the ownership and dealings of FMR LLC and FIL Limited in REDROW PLC, shedding light on their interests and short positions in the company's securities. It offers transparency and regulatory compliance in line with the requirements of the Takeover Code.