TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
REDROW PLC |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: |
Toscafund Asset Management LLP Tosca Opportunity Tosca MidCap Tosca |
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4. Full name of shareholder(s) (if different from 3.): |
Tosca Opportunity Tosca MidCap Tosca |
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5. Date of the transaction and date on which the threshold is crossed or reached: |
11/11/2009 |
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6. Date on which issuer notified: |
12/11/2009 |
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7. Threshold(s) that is/are crossed or reached: |
5% |
8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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GB0007282386 ORD 10p |
16,161,303 |
16,161,303 |
15,121,303 |
0 |
15,121,303 |
0 |
4.90% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
n/a |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights |
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n/a |
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
15,121,303 |
4.90% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
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14. Contact name: |
Graham Cope Group Company Secretary |
15. Contact telephone number: |
01244 520044 |
Note: Annex should only be submitted to the FSA not the issuer |
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Annex: Notification of major interests in share |
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A: Identity of the persons or legal entity subject to the notification obligation |
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Full name (including legal form of legal entities) |
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Contact address (registered office for legal entities) |
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Phone number & email |
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Other useful information (at least legal representative for legal persons) |
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B: Identity of the notifier, if applicable |
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Full name |
Robert Lord |
Contact address |
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Phone number & email |
020 7845 6100 |
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) |
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C: Additional information |
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