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RNS Number : 9435V Barratt Redrow PLC 21 August 2025
THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE
19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") WHICH, AMONGST
OTHER THINGS, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END
OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH AN OFFER PERIOD ENDED
CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN
ITS STATED INTENTIONS.
FOR IMMEDIATE RELEASE
21 August 2025
BARRATT REDROW PLC
(the "Company")
Rule 19.6(c) confirmation of post-offer intention statements
The Company (formerly Barratt Developments plc) announces that, further to the
completion of its recommended all-share combination for the entire issued and
to be issued share capital of Redrow plc ("Redrow") on 21 August 2024, which
was effected by way of a Court-sanctioned scheme of arrangement, it has duly
confirmed in writing to The Takeover Panel in accordance with the requirements
of Rule 19.6(c) of the Code that it has complied with its post-offer intention
statements made pursuant to Rule 2.7(c)(viii) and Rule 24.2 of the Code, save
as detailed in its announcement on 15 April 2025 entitled "Changes to the
Board" made pursuant to Rule 19.6(b) of the Code, as originally detailed in
its Rule 2.7 announcement dated 7 February 2024 and in the scheme document
published by Redrow on 19 April 2024.
Enquiries
Analyst / investor enquiries
01530 278 278
Mike Scott, Chief Financial Officer
07867 201 763
John Messenger, Group Investor Relations Director
Media enquiries
01530 278 278
Tim Collins, Group Corporate Affairs Director
UBS (Lead Financial Adviser to the Company) 020 7567 8000
Jonathan Retter
Joe Hannon
Anisah Mahomed
Morgan Stanley (Financial Adviser to the Company) 020 7425 8000
Shirav Patel
Nick White
Brunswick Group LLP 020 7404 5959
Jonathan Glass
Rosie Oddy
Linklaters LLP is acting as legal adviser to the Company.
Important Notices
UBS AG London Branch ("UBS") is authorised and regulated by the Financial
Market Supervisory Authority in Switzerland. It is authorised by the
Prudential Regulation Authority and subject to regulation by the Financial
Conduct Authority and limited regulation by the Prudential Regulation
Authority in the United Kingdom. UBS is acting exclusively as sole corporate
broker, lead financial adviser and sole sponsor to the Company and no one else
in connection with the combination with Redrow plc (now Redrow Limited) (the
"Combination"). In connection with such matters, UBS will not regard any other
person as its client, nor will it be responsible to any other person for
providing the protections afforded to its clients or for providing advice in
relation to the Combination, the contents of this announcement or any other
matter referred to herein.
Morgan Stanley & Co. International plc ("Morgan Stanley"), which is
authorised by the Prudential Regulation Authority and regulated by the
Financial Conduct Authority and the Prudential Regulation Authority in the UK
is acting as financial adviser exclusively for the Company and no one else in
connection with the Combination. In connection with the Combination, Morgan
Stanley, its affiliates and their respective directors, officers, employees
and agents will not regard any other person as their client, nor will they be
responsible to any person other than the Company for providing the protections
afforded to clients of Morgan Stanley or for providing advice in connection
with any matter referred to herein.
Barratt Redrow plc LEI: 2138006R85VEOF5YNK29
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