Director/PDMR Shareholding

RNS Number : 5725P

Redrow PLC

25 October 2012

 



REDROW PLC

DIRECTORS'/PDMR'S SHAREHOLDINGS

Redrow plc ("Redrow") announces that, on 23 October 2012, it granted nil-cost options over the following number of ordinary shares of 10p each in Redrow under the Rules of the Company's Deferred Bonus Plan (by reference to a price of 154.1p per share, being the three day trading average share price following Redrow's Prelims Announcement) and under the Long-Term Share Incentive Plan (by reference to a price of 156.4p, being the closing share price of the first trading day following the Rule 2.8 Announcement in respect of Redrow) in respect of the following. No consideration is payable for the grant of such nil-cost options.

Deferred Bonus Plan

J F TUTTE	124,919
B M RICHMOND	83,387
G A COPE	68,138

Long-Term Share Incentive Plan

J F TUTTE	246,164
B M RICHMOND	164,322
G A COPE	134,271

Redrow further announces that, on 23 October 2012, it granted nil-cost cash options to S P Morgan under Schedule 1 to the Rules of the Long-Term Share Incentive Plan and Schedule 1 of the Rules to the Deferred Bonus Plan over respectively 271,739 and 137,897 phantom shares in Redrow (by reference to a share price of 156.4p and 154.1p, respectively, as described above). No consideration is payable for the grant of such nil-cost cash options.

 

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