Redrow PLC — Major Shareholding Notification 2017

Apr 19, 2017

National Storage Mechanism | Additional information

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RNS Number : 7063C

Redrow PLC

19 April 2017

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii	Redrow plc

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):	Type 1 disclosure as per the Transparency Direction II Regulation	ü

3. Full name of person(s) subject to the notification obligation: iii	Schroders plc
4. Full name of shareholder(s) (if different from 3.): iv	Schroder Investment Management Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v	13.04.17
6. Date on which issuer notified:	18.04.17
7. Threshold(s) that is/are crossed or reached: vi, vii	Below 5%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of  voting rights x
Direct	Direct xi	Indirect xii	Direct	Indirect
Ordinary GB0007282386	27,815,437	24,499,172	22,418,170	N/A	18,481,857	N/A	4.998%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
18,481,857	4.998%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Schroder Investment Management Limited           18,481,857           4.998%

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:	This notification is being made based on the legal entity position falling below 5%. Schroders Plc's position remains as per the previous disclosure dated 04.03.2015. The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 369,799,938.
14. Contact name:	Graham Anthony Cope Redrow plc
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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