Holding(s) in Company

RNS Number : 9810W

Redrow PLC

29 November 2010

 



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

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		YES
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		NO
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		NO
An event changing the breakdown of voting rights		NO
Other (please specify):

3. Full name of person(s) subject to the notification obligation:	FIL LIMITED
4. Full name of shareholder(s) (if different from 3.):	Full details at paragraph 9
5. Date of the transaction and date on which the threshold is crossed or reached:	25 November 2010
6. Date on which issuer notified:	29 November 2010
7. Threshold(s) that is/are crossed or reached:	5%

8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of  voting rights
			Direct	Direct	Indirect	Direct	Indirect
GM0007282386	15,376,855	15,376,855	15,450,460		15,450,460		5.00
Ord 10p

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
15,450,460	5.00%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
	Shares Held	Nominee	Management Company
FIL Limited (FIL) is the parent holding company for various direct and indirect subsidiaries, including FIL Fund Management Limited (FFML), FIL Investment Services Ltd (FISL), FIL Gestion (FIGEST), FIL Asset Management (Korea) Limited (FIAKL), FIL Investments Management (Hong Kong) Limited (FIMHK), FIL Pension Management (FPM), Fidelity Investments (Japan) (FIJ) and FIL Investments International (FII), Investment managers for various non-US Investment companies and Institutional clients	1,391,681       889,000  12,265,679         24,700       879,400	J P Morgan, Bournemouth JP Morgan, Bournemouth JP Morgan, Bournemouth Nomura Trust and Banking National Astl Bk Melbourne (S)	FII FIL FISL FIJ FIL

Proxy Voting:
10. Name of the proxy holder:	FIL LIMITED
11. Number of voting rights proxy holder will cease to hold:	73,605
12. Date on which proxy holder will cease to hold voting rights:	25 November 2010

13. Additional information:
14. Contact name:	Graham Cope Group Company Secretary Redrow plc
15. Contact telephone number:	01244 520044

Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in share
A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)
Contact address (registered office for legal entities)
Phone number & email
Other useful information (at least legal representative for legal persons)
B: Identity of the notifier, if applicable
Full name	FIL Limited
Contact address
Phone number & email	[e-mail]
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)	Shaheen Hussain
C: Additional information

 

END

 

 

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