Alpine Associates Management Inc. has disclosed a 1.63% interest in Redrow plc, representing 5,375,375 ordinary shares. The disclosure, made on July 10th, 2024, also includes a cash-settled derivative transaction involving a reduction of a long position in Redrow plc's 10.5 p ordinary shares. Additionally, the disclosure indicates that the company is making disclosures in respect of Barratt Developments plc.
The disclosure provides detailed information about the positions and short positions in the relevant securities of Redrow plc, as well as the dealings made by Alpine Associates Management Inc. The form also includes information about any indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives, and whether any supplemental forms are attached.
The disclosure is in compliance with Rule 8.3 of the Takeover Code and provides a comprehensive overview of Alpine Associates Management Inc.'s interests and dealings in Redrow plc and Barratt Developments plc. The contact person for the disclosure is Todd Mason, with a provided telephone number for further inquiries.
This disclosure provides valuable insight into the ownership and dealings of Alpine Associates Management Inc. in Redrow plc and Barratt Developments plc, offering transparency and compliance with regulatory requirements.