Redrow PLC

Major Shareholding Notification • Apr 6, 2018

National Storage Mechanism | Additional information

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RNS Number : 0984K

Redrow PLC

06 April 2018

Redrow plc

Notification of Transactions of Persons Discharging Managerial Responsibilities/closely associated person

Following the transfer of shares from Bridgemere Securities Limited for the benefit of Steve Morgan's children (the "Transfer"), as announced earlier today, the notifications that follow reflect the change in the interests of the closely associated persons of Steve Morgan in the shares of the Company arising from the Transfer.

1       

Details of the person discharging managerial responsibilities / person closely associated

Name

Bridgemere Securities Limited

2       

Reason for the notification

(a)     

Position/status

Bridgemere Securities Limited is a person closely associated with Steve Morgan, Chairman of Redrow plc (a PDMR)

(b)     

Initial notification/Amendment

Initial notification

3       

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)     

Name

Redrow plc

(b)     

LEI 

2138008WJZBBA7EYEL28

4       

Details of the transaction(s)

(c)     

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

(d)     

Identification code

GB0007282386

(e)     

Nature of the transaction

Transfer of shares to four subsidiaries who are also persons closely associated with Steve Morgan (a PDMR), for no consideration

(f)      

Price(s) and volume(s)

Price(s)	Volume(s)
0	4,200,000
0	4,200,000
0	4,200,000
0	4,200,000

(g)     

Aggregated information

·          

·             Aggregated volume

16,800,000

·          

·             Price

£0

(h)     

Date of the transaction

2018.04.04

(i)      

Place of the transaction

Outside a trading venue

1       

Details of the person discharging managerial responsibilities / person closely associated

Name

LKT Holdings Ltd

2       

Reason for the notification

(a)     

Position/status

LKT Holdings Ltd is a person closely associated with Steve Morgan, Chairman of Redrow plc (a PDMR)

(b)     

Initial notification/Amendment

Initial notification

3       

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(c)     

Name

Redrow plc

(d)     

LEI 

2138008WJZBBA7EYEL28

4       

Details of the transaction(s)

(e)     

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

(f)      

Identification code

GB0007282386

(g)     

Nature of the transaction

Acquisition of shares from Bridgemere Securities Limited, also a person closely associated with Steve Morgan (a PDMR), for no consideration

(h)     

Price(s) and volume(s)

Price(s)	Volume(s)
0	4,200,000

(i)      

Aggregated information

·          

·             Aggregated volume

4,200,000

·          

·             Price

£0

(j)      

Date of the transaction

2018.04.04

(k)     

Place of the transaction

Outside a trading venue

1       

Details of the person discharging managerial responsibilities / person closely associated

Name

MSH Holdings Ltd

2       

Reason for the notification

(a)     

Position/status

MSH Holdings Ltd is a person closely associated with Steve Morgan, Chairman of Redrow plc (a PDMR)

(b)     

Initial notification/Amendment

Initial notification

3       

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(c)     

Name

Redrow plc

(d)     

LEI 

2138008WJZBBA7EYEL28

4       

Details of the transaction(s)

(e)     

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

(f)      

Identification code

GB0007282386

(g)     

Nature of the transaction

Acquisition of shares from Bridgemere Securities Limited, also a person closely associated with Steve Morgan (a PDMR), for no consideration

(h)     

Price(s) and volume(s)

Price(s)	Volume(s)
0	4,200,000

(i)      

Aggregated information

·          

·             Aggregated volume

4,200,000

·          

·             Price

£0

(j)      

Date of the transaction

2018.04.04

(k)     

Place of the transaction

Outside a trading venue

1       

Details of the person discharging managerial responsibilities / person closely associated

Name

GEM Holdings Ltd

2       

Reason for the notification

(a)     

Position/status

GEM Holdings Ltd is a person closely associated with Steve Morgan, Chairman of Redrow plc (a PDMR)

(b)     

Initial notification/Amendment

Initial notification

3       

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(c)     

Name

Redrow plc

(d)     

LEI 

2138008WJZBBA7EYEL28

4       

Details of the transaction(s)

(e)     

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

(f)      

Identification code

GB0007282386

(g)     

Nature of the transaction

Acquisition of shares from Bridgemere Securities Limited, also a person closely associated with Steve Morgan (a PDMR), for no consideration

(h)     

Price(s) and volume(s)

Price(s)	Volume(s)
0	4,200,000

(i)      

Aggregated information

·          

·             Aggregated volume

4,200,000

·          

·             Price

£0

(j)      

Date of the transaction

2018.04.04

(k)     

Place of the transaction

Outside a trading venue

1       

Details of the person discharging managerial responsibilities / person closely associated

Name

RSM Holdings Ltd

2       

Reason for the notification

(a)     

Position/status

RSM Holdings Ltd is a person closely associated with Steve Morgan, Chairman of Redrow plc (a PDMR)

(b)     

Initial notification/Amendment

Initial notification

3       

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(c)     

Name

Redrow plc

(d)     

LEI 

2138008WJZBBA7EYEL28

4       

Details of the transaction(s)

(e)     

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

(f)      

Identification code

GB0007282386

(g)     

Nature of the transaction

Acquisition of shares from Bridgemere Securities Limited, also a person closely associated with Steve Morgan (a PDMR), for no consideration

(h)     

Price(s) and volume(s)

Price(s)	Volume(s)
0	4,200,000

(i)      

Aggregated information

·          

·             Aggregated volume

4,200,000

·          

·             Price

£0

(j)      

Date of the transaction

2018.04.04

(k)     

Place of the transaction

Outside a trading venue

1       

Details of the person discharging managerial responsibilities / person closely associated

Name

LKT Investments Ltd

2       

Reason for the notification

(a)     

Position/status

LKT Investments Ltd is a person closely associated with Steve Morgan, Chairman of Redrow plc (a PDMR)

(b)     

Initial notification/Amendment

Initial notification

3       

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(c)     

Name

Redrow plc

(d)     

LEI 

2138008WJZBBA7EYEL28

4       

Details of the transaction(s)

(e)     

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

(f)      

Identification code

GB0007282386

(g)     

Nature of the transaction

Acquisition of an indirect interest in shares for no consideration

(h)     

Price(s) and volume(s)

Price(s)	Volume(s)
0	4,200,000

(i)      

Aggregated information

·          

·             Aggregated volume

4,200,000

·          

·             Price

£0

(j)      

Date of the transaction

2018.04.05

(k)     

Place of the transaction

Outside a trading venue

1       

Details of the person discharging managerial responsibilities / person closely associated

Name

MSH Investments Ltd

2       

Reason for the notification

(a)     

Position/status

MSH Investments Ltd is a person closely associated with Steve Morgan, Chairman of Redrow plc (a PDMR)

(b)     

Initial notification/Amendment

Initial notification

3       

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(c)     

Name

Redrow plc

(d)     

LEI 

2138008WJZBBA7EYEL28

4       

Details of the transaction(s)

(e)     

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

(f)      

Identification code

GB0007282386

(g)     

Nature of the transaction

Acquisition of an indirect interest in shares for no consideration

(h)     

Price(s) and volume(s)

Price(s)	Volume(s)
0	4,200,000

(i)      

Aggregated information

·          

·             Aggregated volume

4,200,000

·          

·             Price

£0

(j)      

Date of the transaction

2018.04.05

(k)     

Place of the transaction

Outside a trading venue

1       

Details of the person discharging managerial responsibilities / person closely associated

Name

GEM Investments Ltd

2       

Reason for the notification

(a)     

Position/status

GEM Investments Ltd is a person closely associated with Steve Morgan, Chairman of Redrow plc (a PDMR)

(b)     

Initial notification/Amendment

Initial notification

3       

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(c)     

Name

Redrow plc

(d)     

LEI 

2138008WJZBBA7EYEL28

4       

Details of the transaction(s)

(e)     

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

(f)      

Identification code

GB0007282386

(g)     

Nature of the transaction

Acquisition of an indirect interest in shares for no consideration

(h)     

Price(s) and volume(s)

Price(s)	Volume(s)
0	4,200,000

(i)      

Aggregated information

·          

·             Aggregated volume

4,200,000

·          

·             Price

£0

(j)      

Date of the transaction

2018.04.05

(k)     

Place of the transaction

Outside a trading venue

1       

Details of the person discharging managerial responsibilities / person closely associated

Name

RSM Investments Ltd

2       

Reason for the notification

(a)     

Position/status

RSM Investments Ltd is a person closely associated with Steve Morgan, Chairman of Redrow plc (a PDMR)

(b)     

Initial notification/Amendment

Initial notification

3       

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(c)     

Name

Redrow plc

(d)     

LEI 

2138008WJZBBA7EYEL28

4       

Details of the transaction(s)

(e)     

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

(f)      

Identification code

GB0007282386

(g)     

Nature of the transaction

Acquisition of an indirect interest in shares for no consideration

(h)     

Price(s) and volume(s)

Price(s)	Volume(s)
0	4,200,000

(i)      

Aggregated information

·          

·             Aggregated volume

4,200,000

·          

·             Price

£0

(j)      

Date of the transaction

2018.04.05

(k)     

Place of the transaction

Outside a trading venue

	Name of officer of issuer responsible for making notification: Graham Cope Date of notification: 2018.04.06

LEI Number:

2138008WJZBBA7EYEL28

Announcement Classification:

3.1: Additional regulated information required to be disclosed under the laws of a Member State

This information is provided by RNS

The company news service from the London Stock Exchange

END

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