State Street Global Advisors has disclosed a position in Redrow plc, representing 0.90199% of the 10.5p ordinary shares. The disclosure, made on 10th July 2024, includes the purchase of 25,294 securities at a price of GBP 7.15 per unit and 1,409 securities at a price of GBP 7.0434 per unit. The disclosure also indicates an interest in Barratt Developments plc. The disclosure does not include any indemnity or option arrangements, and no supplemental form is attached.
This disclosure is in accordance with Rule 8.3 of the Takeover Code and provides key information about State Street Global Advisors' interests and short positions in Redrow plc. It also highlights the dealings made by the person making the disclosure, including purchases of relevant securities. The disclosure does not indicate any agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides transparency about State Street Global Advisors' interests in Redrow plc and Barratt Developments plc, offering valuable information to the market and investors. It is a regulatory requirement and contributes to the overall market surveillance and transparency.