RNS Number : 0783C

Redrow PLC

16 June 2021

Redrow plc

Notification of Transactions of Persons Discharging Managerial Responsibilities

1       

Details of the person discharging managerial responsibilities / person closely associated

Name

Matthew Grayson

2       

Reason for the notification

(a)     

Position/status

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)

(a)     

Description of the financial instrument, type of instrument

Ordinary shares of 10.5p each

(b)     

Identification code

GB00BG11K365

(c)     

Nature of the transaction

Exercise of options under the Company's Sharesave Plan, 3-year scheme, at an option price of £4.90

Options exercisable between 1 January 2021 and 30 June 2021

(d)     

Price(s) and volume(s)

Price(s)	Volume(s)
£4.90	1,469

(e)     

Aggregated information

·          

·             Aggregated volume

1,469

·          

·             Price

£4.90                        

(f)     

Date of the transaction

2021.06.15

(g)     

Place of the transaction

Outside a trading venue

5       

Details of the transaction(s)

(a)     

Description of the financial instrument, type of instrument

Ordinary shares of 10.5p each

(b)     

Identification code

GB00BG11K365

(c)     

Nature of the transaction

Exercise of nil cost options under the Company's Deferred Bonus Plan

(d)     

Price(s) and volume(s)

Price(s)	Volume(s)
£6.587	10,797

(e)     

Aggregated information

·          

·             Aggregated volume

10,797

·          

·             Price

£6.587

(f)     

Date of the transaction

2021.06.15

(g)     

Place of the transaction

Outside a trading venue

6       

Details of the transaction(s)

(a)     

Description of the financial instrument, type of instrument

Ordinary shares of 10.5p each

(b)     

Identification code

GB00BG11K365

(c)     

Nature of the transaction

Sale of shares to cover Tax and National Insurance arising on exercise of DBP options

(d)     

Price(s) and volume(s)

Price(s)	Volume(s)
£6.587	5,089

(e)     

Aggregated information

·          

·             Aggregated volume

5,089

·          

·             Price

£6.587

(f)     

Date of the transaction

2021.06.15

(g)     

Place of the transaction

London Stock Exchange (XLON); Main Market

7       

Details of the transaction(s)

(a)     

Description of the financial instrument, type of instrument

Ordinary shares of 10.5p each

(b)     

Identification code

GB00BG11K365

(c)     

Nature of the transaction

Transfer of shares to spouse for no consideration

(d)     

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	3,588

(e)     

Aggregated information

·          

·             Aggregated volume

3,588

·          

·             Price

Nil

(f)     

Date of the transaction

2021.06.15

(g)     

Place of the transaction

London Stock Exchange (XLON); Main Market

8      

Details of the person discharging managerial responsibilities / person closely associated

Name

Michelle Grayson

9      

Reason for the notification

(h)    

Position/status

Closely associated person of Matthew Grayson, a PDMR of the Company

(i)     

Initial notification/Amendment

Initial notification

10    

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

(j)     

Name

Redrow plc

(k)    

LEI

2138008WJZBBA7EYEL28

11    

Details of the transaction(s)

(l)     

Description of the financial instrument, type of instrument

Ordinary shares of 10.5p each

(m)   

Identification code

GB00BG11K365

(n)    

Nature of the transaction

Acquisition of shares from spouse for no consideration

(o)    

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	3,588

(p)    

Aggregated information

·             Aggregated volume

3,588

·             Price

Nil

(q)    

Date of the transaction

2021.06.15

(r)     

Place of the transaction

Outside a trading venue

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

Date of notification: 2021.06.16

LEI Number:
2138008WJZBBA7EYEL28

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

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