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Redrow

RDW 400p 9.5  2.4%
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REDROW | Redrow Plc Holdings In Company | RNS

TIDMRDW

RNS Number : 3830Q
Redrow PLC
02 August 2010

?
+--------------------------------------+
| |
+--------------------------------------+
| |
+--------------------------------------+

+-----------------------------------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+-----------------------------------------------------------------------------+

+----------------+----------------------+------------------------+-------+
| 1. Identity of the issuer or the | REDROW PLC |
| underlying issuer of existing shares | |
| to which voting rights are attached: | |
+---------------------------------------+--------------------------------+
| 2 Reason for the notification (please tick the appropriate box or |
| boxes): |
+------------------------------------------------------------------------+
| | YES |
| An acquisition or disposal of voting rights | |
+----------------------------------------------------------------+-------+
| | NO |
| An acquisition or disposal of qualifying financial instruments | |
| which may result in the acquisition of shares already issued | |
| to which voting rights are attached | |
+----------------------------------------------------------------+-------+
| | NO |
| An acquisition or disposal of instruments with similar | |
| economic effect to qualifying financial instruments | |
+----------------------------------------------------------------+-------+
| | NO |
| An event changing the breakdown of voting rights | |
+----------------------------------------------------------------+-------+
| | | |
| Other (please | | |
| specify): | | |
+----------------+-----------------------------------------------+-------+
| | |
| 3. Full name of person(s) subject to | AEGON UK Group of Companies |
| the notification obligation: | |
| | |
+---------------------------------------+--------------------------------+
| | |
| 4. Full name of shareholder(s) (if | |
| different from 3.): | |
| | |
+---------------------------------------+--------------------------------+
| | |
| 5. Date of the transaction and date | 30 July 2010 |
| on which the threshold is crossed or | |
| reached: | |
| | |
+---------------------------------------+--------------------------------+
| | |
| 6. Date on which issuer notified: | 02 August 2010 |
| | |
+---------------------------------------+--------------------------------+
| | |
| 7. Threshold(s) that is/are crossed | 5% - 4% |
| or reached: | |
| | |
+---------------------------------------+--------------------------------+
| | |
+---------------------------------------+--------------------------------+
| | | | |
+----------------+----------------------+------------------------+-------+

+--------------+------------+------------+------------+------------+-----------+--------+----------+
| 8. Notified details: |
+--------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
| |
+--------------------------------------------------------------------------------------------------+
| Class/type | Situation | Resulting situation after the |
| of | previous | triggering transaction |
| shares | to the | |
| if | triggering | |
| possible | transaction | |
| using | | |
| the ISIN | | |
| CODE | | |
+ +-------------------------+---------------------------------------------------------+
| | Number | Number | Number | Number of | % of |
| | of | of | of | voting | voting |
| | Shares | Voting | shares | rights | rights x |
| | | Rights | | | |
+ + + +------------+------------------------+-------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
| | | | | Xi | Xii | | |
| | | | | | | | |
+--------------+------------+------------+------------+------------+-----------+--------+----------+
| GB0007282386 | | | 12,785,685 | 12,785,685 | 1,408,028 | 4.14% | 0.46% |
| | 16,305,407 | 16,305,407 | | | | | |
| ORD 10p | | | | | | | |
+--------------+------------+------------+------------+------------+-----------+--------+----------+

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

+------------+----------+------------+------------+-------------+------------+------+
| C: Financial Instruments with similar economic effect to |
| Qualifying Financial Instruments |
+-----------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+-----------------------------------------------------------------------------------+
| Type of | Exercise | Expiration | Exercise/ | Number of | % of |
| financial | price | date | Conversion | voting | voting |
| instrument | | | period | rights | rights |
| | | | | instrument | |
| | | | | refers to | |
+------------+----------+------------+------------+-------------+-------------------+
| | | | | | | |
+ + + + + +------------+------+
| | | | | | | |
+------------+----------+------------+------------+-------------+------------+------+

+------------------------------------+------------------------------+
| |
| Total (A+B+C) |
| |
+-------------------------------------------------------------------+
| | |
| Number of voting rights | Percentage of voting rights |
+------------------------------------+------------------------------+
| 14,193,713 | 4.60% |
+------------------------------------+------------------------------+

+--------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting |
| rights and/or the |
| financial instruments are effectively held, if applicable: |
+--------------------------------------------------------------------+
| |
| AEGON UK Group of Companies - parent undertaking of: |
| |
| AEGON Asset Management UK plc |
| |
| AEGON Investment Management UK Ltd. |
| |
| AEGON ICVC |
| |
| |
+--------------------------------------------------------------------+


+------------------------------------+------------------------------+
| |
| Proxy Voting: |
| |
+-------------------------------------------------------------------+
| | |
| 10. Name of the proxy holder: | AEGON UK Group of Companies |
| | |
+------------------------------------+------------------------------+
| | |
| 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: | |
| | |
+------------------------------------+------------------------------+
| | |
| 14. Contact name: | Graham Cope |
| | Group Company Secretary |
| | Redrow plc |
+------------------------------------+------------------------------+
| | |
| 15. Contact telephone number: | 01244 520044 |
| | |
+------------------------------------+------------------------------+

+-------------------------------------+--------------------------------------+
| Note: Annex should only be submitted to the FSA not the issuer |
+----------------------------------------------------------------------------+
| Annex: Notification of major interests in share |
+----------------------------------------------------------------------------+
| |
+----------------------------------------------------------------------------+
| A: Identity of the persons or legal entity subject to the notification |
| obligation |
+----------------------------------------------------------------------------+
| Full name | |
| (including legal form of legal | |
| entities) | |
| | |
+-------------------------------------+--------------------------------------+
| Contact address | |
| (registered office for legal | |
| entities) | |
| | |
+-------------------------------------+--------------------------------------+
| Phone number & email | |
| | |
+-------------------------------------+--------------------------------------+
| Other useful information | |
| (at least legal representative for | |
| legal persons) | |
| | |
+-------------------------------------+--------------------------------------+
| | |
+-------------------------------------+--------------------------------------+
| B: Identity of the notifier, if applicable |
+----------------------------------------------------------------------------+
| Full name | AEGON UK Group of Companies consists |
| | of: |
| | AEGON Asset Management UK plc |
| | AEGON Investment Management UK Ltd |
| | AEGON ICVC |
+-------------------------------------+--------------------------------------+
| Contact address | AEGON Asset Management UK plc |
| | AEGON House |
| | 3 Lochside Avenue |
| | Edinburgh Park |
| | Edinburgh |
| | EH12 9SA |
| | Tel: 0870 60 90 101 |
| | |
+-------------------------------------+--------------------------------------+
| Phone number & email | Tel: 0131 549 3460 |
| | Email: miranda.beacham@aegon.co.uk |
| | |
+-------------------------------------+--------------------------------------+
| Other useful information | Ian G Young |
| (e.g. functional relationship with | Company Secretary |
| the person or legal entity subject | Tel: 0131 549 6398 |
| to the notification obligation) | |
+-------------------------------------+--------------------------------------+
| |
+-------------------------------------+--------------------------------------+



This information is provided by RNS
The company news service from the London Stock Exchange
END

HOLUUASRRNAWRAR





Redrow PLC is engaged in residential housing development. The Company is engaged in constructing homes throughout England and Wales. The Company's operations are focused on housebuilding. Its product range is focused on traditional family housing in its regional businesses and apartment schemes in Greater London. The Company's range of properties include Heritage Collection, Regent Collection, Abode Collection and Bespoke Collection. The Heritage Collection includes homes, which are designed for modern living. The Regent Collection includes homes, which are designed similar to the formal townhouse residences. The Abode Collection includes modern urban homes. The Bespoke Collection offers approximately 50 luxury apartments and penthouses. The Company has approximately 100 live developments throughout much of England and Wales. The Company's subsidiaries include Harrow Estates plc, Redrow Real Estate Limited, Redrow Regeneration plc and HB (HDG) Limited. more »

LSE Price
400p
Change
2.4%
Mkt Cap (£m)
1,444
P/E (fwd)
7.1
Yield (fwd)
3.2


 
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