Form 8.3 - Redrow PLC

Societe Generale SA

04 March 2024

 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	SOCIETE GENERALE SA
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Redrow plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	01/03/2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	Yes: Barratt Developments plc

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	10p ordinary
	Interests		Short positions
	Number	%	Number	%
(1)  Relevant securities owned and/or controlled:	3,870,636	1.17	7,269	0.00
(2)  Cash-settled derivatives:	3,377	0.00	0	0.00
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	3,874,013	1.17	7,269	0.00

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
10.5p ordinary	Purchase	134	6.62254
10.5p ordinary	Purchase	411	6.635
10.5p ordinary	Purchase	724	6.635
10.5p ordinary	Purchase	996	6.635
10.5p ordinary	Purchase	2,764	6.635
10.5p ordinary	Purchase	26	6.62
10.5p ordinary	Purchase	245	6.615
10.5p ordinary	Purchase	277	6.615
10.5p ordinary	Purchase	311	6.62
10.5p ordinary	Purchase	402	6.62
10.5p ordinary	Purchase	445	6.615
10.5p ordinary	Purchase	477	6.615
10.5p ordinary	Purchase	688	6.62
10.5p ordinary	Purchase	713	6.62
10.5p ordinary	Purchase	714	6.605
10.5p ordinary	Purchase	715	6.6
10.5p ordinary	Purchase	720	6.62
10.5p ordinary	Purchase	722	6.62
10.5p ordinary	Purchase	723	6.61
10.5p ordinary	Purchase	723	6.61
10.5p ordinary	Purchase	724	6.605
10.5p ordinary	Purchase	787	6.53
10.5p ordinary	Sale	9	6.53
10.5p ordinary	Sale	10	6.515
10.5p ordinary	Sale	10	6.525
10.5p ordinary	Sale	10	6.53
10.5p ordinary	Sale	10	6.585
10.5p ordinary	Sale	11	6.515
10.5p ordinary	Sale	11	6.62
10.5p ordinary	Sale	11	6.62
10.5p ordinary	Sale	12	6.515
10.5p ordinary	Sale	12	6.53
10.5p ordinary	Sale	13	6.58
10.5p ordinary	Sale	14	6.535
10.5p ordinary	Sale	16	6.55
10.5p ordinary	Sale	19	6.55
10.5p ordinary	Sale	22	6.57
10.5p ordinary	Sale	28	6.53
10.5p ordinary	Sale	50	6.53
10.5p ordinary	Sale	52	6.62
10.5p ordinary	Sale	60	6.53
10.5p ordinary	Sale	60	6.645
10.5p ordinary	Sale	61	6.53
10.5p ordinary	Sale	68	6.57
10.5p ordinary	Sale	89	6.515
10.5p ordinary	Sale	90	6.575
10.5p ordinary	Sale	92	6.575
10.5p ordinary	Sale	100	6.505
10.5p ordinary	Sale	113	6.55
10.5p ordinary	Sale	131	6.575
10.5p ordinary	Sale	157	6.535
10.5p ordinary	Sale	162	6.62
10.5p ordinary	Sale	173	6.585
10.5p ordinary	Sale	191	6.575
10.5p ordinary	Sale	197	6.53
10.5p ordinary	Sale	242	6.53
10.5p ordinary	Sale	262	6.535
10.5p ordinary	Sale	279	6.54
10.5p ordinary	Sale	320	6.575
10.5p ordinary	Sale	337	6.53
10.5p ordinary	Sale	342	6.545
10.5p ordinary	Sale	411	6.57
10.5p ordinary	Sale	490	6.505
10.5p ordinary	Sale	548	6.55
10.5p ordinary	Sale	565	6.57
10.5p ordinary	Sale	648	6.525
10.5p ordinary	Sale	651	6.575
10.5p ordinary	Sale	656	6.53
10.5p ordinary	Sale	656	6.535
10.5p ordinary	Sale	656	6.535
10.5p ordinary	Sale	660	6.495
10.5p ordinary	Sale	672	6.58
10.5p ordinary	Sale	684	6.565
10.5p ordinary	Sale	688	6.535
10.5p ordinary	Sale	689	6.58
10.5p ordinary	Sale	897	6.55

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit GBP
10.5p ordinary	CFD	Increasing a long position	134	6.62254

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing, or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)        Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

4.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	04/03/2024
Contact name:	Paul Jenkins
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END