6th Apr 2018 08:51
6 April 2018
Redrow plc
Bridgemere Securities Limited (an entity controlled by the trustees of the Trinity Trust ("the Trustees"), a trust settled by Steve Morgan, the Chairman of Redrow plc ("Redrow"), in 1996 for the benefit of his family) has transferred 16,800,000 shares (representing 4.54% of the issued share capital of Redrow) for the benefit of Mr Morgan's children (the "Transfer"). The Transfer was made in accordance with a resolution of the Trustees as part of long-term inheritance planning.
Following the Transfer, Bridgemere Securities Limited holds 77,636,045 shares representing 20.99% of the issued share capital of Redrow.
A copy of the notification received by Redrow from Bridgemere Securities Limited in respect of the Transfer accompanies this announcement.
Enquiries:
Redrow plc Steve Morgan, Chairman Barbara Richmond, Group Finance Director
Instinctif Partners Mark Garraway Helen Tarbet James Gray
| 01244 527411 01244 527411 01244 527411
0207 457 2020 07771 860 938 07825 609 737 07583 936 031 |
LEI Number:
2138008WJZBBA7EYEL28
Announcement Classification:
3.1: Additional regulated information required to be disclosed under the laws of a Member State
Related Shares:
RDW.L