Redrow PLC Holding(s) in Company (9367W)

TIDMRDW

RNS Number : 9367W

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)                                The trustees of The Morgan 
  subject to the                                                          Foundation 
  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)                                                             11% 
------------------------------------------------------  ---------------------------- 
 
 
 
 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           NIL              NIL              42,000,000     42,000,000     NIL           11.4%         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 
-------------------------------------------------  ------------------------------------------------------------------- 
 42,000,000                                         11.4% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 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: 
-------------------------------------------------------  -------------------------------- 
 
                                                               Mr Morgan and the trustees 
  13. Additional information:                                    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 
-------------------------------------------------------  -------------------------------- 
 
 

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February 15, 2017 03:36 ET (08:36 GMT)