Holding(s) in Company

RNS Number : 1508S

Redrow PLC

03 September 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
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:		Toscafund Asset Management LLP Tosca MidCap DB Platinum Tosca Mid Cap Equity Fund
4. Full name of shareholder(s) (if different from 3.):		Tosca MidCap DB Platinum Tosca Mid Cap Equity Fund
5. Date of the transaction and date on which the threshold is crossed or reached:		31/08/2010
6. Date on which issuer notified:		02/09/2010
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
GB0007282386 ORD 10p	15,121,303	15,121,303	Below 5%	Below 5%	Below 5%	Below 5%	Below 5%

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
n/a

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
CFD				15,532,969	Nominal	Delta
					5.0332%

Total (A+B+C)
Number of voting rights	Percentage of voting rights
15,532,969	5.0332%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
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
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	Robert Lord
Contact address
Phone number & email	020 7845 6100
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)
C: Additional information

 

END

 

 

HOLUOASRRWAKRAR