TIDMRDW

RNS Number : 9366W

Redrow PLC

15 February 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                Redrow plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
------------------------------------------------------  ------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
--------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                         ü 
-------------------------------------------------------  ------------------------------ 
 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)                                Bridgemere Securities Limited 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  ------------------------------- 
 4. Full name of shareholder(s)                                                     N/A 
  (if different from 3.):(iv) 
------------------------------------------------------  ------------------------------- 
 5. Date of the transaction                                            14 February 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ------------------------------- 
 6. Date on which issuer                                               14 February 2017 
  notified: 
------------------------------------------------------  ------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                30% 
------------------------------------------------------  ------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                  Resulting situation after the 
  of             to the triggering                   triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ----------------------------------  ----------------------------------------------------------------------- 
                Number            Number            Number          Number of                     % of voting 
                 of                of                of shares       voting                        rights (x) 
                 Shares            Voting                            rights 
                                   Rights 
-------------  ----------------  ----------------  --------------  ----------------------------  ------------------------- 
                                                    Direct          Direct          Indirect      Direct        Indirect 
                                                                     (xi)            (xii) 
-------------      ------------    ------------    --------------  --------------  ------------  ------------  ----------- 
 Ordinary 
  10p           149,386,045       149,386,045       107,386,045     107,386,045     NIL           29%           NIL 
               ----------------  ----------------  --------------  --------------  ------------  ------------  ----------- 
 GB0007282386 
-------------      ------------    ------------      ------------    ------------  ------------      --------    --------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                         Number of voting                % of voting 
 financial           date            Conversion                        rights that                     rights 
 instrument          (xiii)          Period (xiv)                      may be 
                                                                       acquired if 
                                                                       the 
                                                                       instrument 
                                                                       is 
                                                                       exercised/ 
                                                                       converted. 
-----------------  --------------  --------------------------------  ------------------------------  --------------------- 
 N/A                N/A             N/A                               N/A                             N/A 
-----------------  --------------  --------------------------------  ------------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration      Exercise/         Number of voting                % of voting 
 financial         price          date            Conversion         rights instrument               rights (xix, 
 instrument                       (xvii)          period             refers to                       xx) 
                                                  (xviii) 
---------------  --------------  --------------  ----------------  ------------------------------  ----------------------- 
 N/A              N/A             N/A             N/A                                               Nominal       Delta 
---------------  --------------  --------------  ----------------                                  ------------  --------- 
                                                                    N/A                             N/A           N/A 
-------------      ------------    ------------      ------------  ------------------------------  ------------  --------- 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  --------------------------------------------------------------------- 
 107,386,045                                          29% 
---------------------------------------------------  --------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------- 
 
                                                                                    N/A 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                      N/A 
-------------------------------------------------------  ------------------------------ 
 11. Number of voting rights proxy                                                  N/A 
  holder will cease to hold: 
-------------------------------------------------------  ------------------------------ 
 12. Date on which proxy holder will                                                N/A 
  cease to hold voting rights: 
-------------------------------------------------------  ------------------------------ 
 
                                                           The Company notes that Steve 
  13. Additional information:                                Morgan and the trustees of 
                                                             The Morgan Foundation will 
                                                              be presumed to be persons 
                                                              acting in concert for the 
                                                           purposes of the UK City Code 
                                                              on Takeovers and Mergers. 
-------------------------------------------------------  ------------------------------ 
 14. Contact name:                                           Graham Cope, Group Company 
                                                                              Secretary 
-------------------------------------------------------  ------------------------------ 
 15. Contact telephone number:                                             01244 520044 
-------------------------------------------------------  ------------------------------ 
 
 

The company news service from the London Stock Exchange

END

HOLUVOWRBAAUARR

(END) Dow Jones Newswires

February 15, 2017 03:33 ET (08:33 GMT)

Redrow (LSE:RDW)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Redrow Charts.
Redrow (LSE:RDW)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Redrow Charts.