Notice of GM

RNS Number : 1162V

Redrow PLC

13 April 2016

 

13 April 2016

Redrow plc

Mailing of Shareholder Circular - Approval of Substantial Property Transaction

Redrow plc (the "Company") announces that it has today posted to shareholders a circular convening a general meeting of the Company, to be held at 10:00 a.m. (UK time) on 9 May 2016 at Redrow House, St. David's Park, Flintshire CH5 3RX, at which shareholders will be asked to consider and approve the sale of six units by Redrow Homes Limited, a subsidiary of the Company, to Steve Morgan, Chairman of the Board of Directors of the Company.

Shareholder authorisation for the proposed sale is being sought in accordance with the substantial property transaction requirements under section 190 of the Companies Act 2006 because the consideration for the sale exceeds the de minimis threshold of £100,000 for substantial property transactions and Steve Morgan is a Director of the Company.

A copy of the shareholder circular has also been made available via the Company's website at http://investors.redrowplc.co.uk/ and a copy of the shareholder circular has also been forwarded to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

Graham Cope

Company Secretary

01244 520044

 

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