Transfer of shares

RNS Number : 0914K

Redrow PLC

06 April 2018

 

6 April 2018

Redrow plc

Bridgemere Securities Limited (an entity controlled by the trustees of the Trinity Trust ("the Trustees"), a trust settled by Steve Morgan, the Chairman of Redrow plc ("Redrow"), in 1996 for the benefit of his family) has transferred 16,800,000 shares (representing 4.54% of the issued share capital of Redrow) for the benefit of Mr Morgan's children (the "Transfer"). The Transfer was made in accordance with a resolution of the Trustees as part of long-term inheritance planning.

Following the Transfer, Bridgemere Securities Limited holds 77,636,045 shares representing 20.99% of the issued share capital of Redrow.

A copy of the notification received by Redrow from Bridgemere Securities Limited in respect of the Transfer accompanies this announcement.

Enquiries:

Redrow plc Steve Morgan, Chairman Barbara Richmond, Group Finance Director Instinctif Partners                              Mark Garraway                                    Helen Tarbet                                        James Gray

01244 527411 01244 527411 01244 527411 0207 457 2020 07771 860 938 07825 609 737 07583 936 031

LEI Number:

2138008WJZBBA7EYEL28

Announcement Classification:

3.1: Additional regulated information required to be disclosed under the laws of a Member State

 

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