State Street Global Advisors, a significant shareholder in Redrow plc, has disclosed its position in the company's securities, representing 0.94167% of the total shares. The disclosure, made on 21st May 2024, includes the ownership of 3,114,761 10.5p ordinary shares. Additionally, the disclosure mentions a related party, Barratt Developments plc, for which the discloser is also making disclosures.
The disclosure further details a sale of 1,155 10.5p ordinary shares of Redrow plc at a price of GBP 7.25 per unit. It also includes information about cash-settled derivative transactions and stock-settled derivative transactions, providing a comprehensive overview of the dealings by State Street Global Advisors.
The disclosure concludes with the confirmation of no indemnity or other dealing arrangements and no agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no supplemental form is attached to the disclosure.
This disclosure provides valuable insights into the significant shareholder position of State Street Global Advisors in Redrow plc and its related party, Barratt Developments plc, offering transparency to the market and stakeholders about the ownership and dealings of these securities.