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 hold 1.06% of the 10.5p ordinary shares of REDROW PLC, amounting to 3,533,241 shares. The disclosure also includes details of a sale of 110,300 shares at a price of 7.16 GBP per share.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The disclosure was made on 27th May 2024 and is in compliance with the regulatory requirements.
This disclosure provides insights into the ownership and trading activities of FMR LLC and FIL Limited in REDROW PLC, offering valuable information to investors and market analysts.