Redrow PLC Holding(s) in Company (5262B)

TIDMRDW

RNS Number : 5262B

Redrow PLC

04 April 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 Steve 
  subject to the                                          Morgan Foundation 
  notification obligation: 
  (iii) 
------------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s)                          N/A 
  (if different from 3.):(iv) 
------------------------------------------------------  --------------------------- 
 5. Date of the transaction                              03 April 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  --------------------------- 
 6. Date on which issuer                                 04 April 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 voting             % of voting 
                 of               of                of shares       rights                       rights (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ----------------  --------------  ---------------------------  ----------------------- 
                                                   Direct          Direct         Indirect      Direct      Indirect 
                                                                    (xi)           (xii) 
-------------      -----------    ------------    --------------  -------------  ------------  ----------  ----------- 
 Ordinary 
  10p           42,000,000       42,000,000        38,900,000      38,900,000     NIL           10.5%       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               N/A                          Nominal       Delta 
---------------  -------------  --------------  ----------------  ---------------------------  ------------  --------- 
                                                                                                N/A           N/A 
-------------      -----------    ------------      ------------    -----------  ------------  ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                             Percentage of voting rights 
--------------------------------------------------  ------------------------------------------------------------------ 
 38,900,000                                          10.5% 
--------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 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: 
-------------------------------------------------------  -------------------------------- 
 
 
  13. Additional information:                              Mr Morgan and the trustees 
                                                           of The Steve Morgan Foundation 
                                                           are 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 
-------------------------------------------------------  -------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 04, 2017 05:42 ET (09:42 GMT)