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On September 19, 2023, Redrow plc granted nil cost options for its ordinary shares of 10.5p each to Directors Matthew Pratt and Barbara Richmond, and PDMRs Graham Cope, Gary Crisp, Timothy Stone, Christopher Lilley, Karen Jones, Matthew Grayson, and Rose Sandell. Matthew Pratt received 236,263 options, Barbara Richmond 144,204 options, Graham Cope 39,698 options, Gary Crisp 52,116 options, Timothy Stone 52,116 options, Christopher Lilley 52,116 options, Karen Jones 34,201 options, Matthew Grayson 34,201 options, and Rose Sandell 29,958 options, with all grants based on a price of £5.04 per share.
| Date | 19 Sept 2023 |
| Time | 14:09:39 |
| Category | Director/PDMR dealings |
| ID | 9585M |
Redrow plc
Notification of Transactions of Persons Discharging Managerial Responsibilities
Directors and PDMRs
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
(a) |
Name |
Matthew Pratt |
|||||||||
|
2 |
Reason for the notification |
||||||||||
|
(a) |
Position/status |
Director |
|||||||||
|
(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 |
|||||||||
|
|
Identification code |
GB00BG11K365 |
|||||||||
|
(b) |
Nature of the transaction |
Grant of nil cost options under the Company's: 1. Long Term Incentive Plan 2. Deferred Bonus Plan |
|||||||||
|
(c) |
Price(s) and volume(s)
|
|
|||||||||
|
(d) |
Aggregated information |
|
|||||||||
|
|
· Aggregated volume |
236,263 |
|||||||||
|
|
· Price |
£5.04 |
|||||||||
|
(e) |
Date of the transaction |
2023.09.19 |
|||||||||
|
(f) |
Place of the transaction |
Outside a trading venue |
|||||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
(a) |
Name |
Barbara Richmond |
|||||||||
|
2 |
Reason for the notification |
||||||||||
|
(a) |
Position/status |
Director |
|||||||||
|
(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 |
|||||||||
|
|
Identification code |
GB00BG11K365 |
|||||||||
|
(b) |
Nature of the transaction |
Grant of nil cost options under the Company's: 1. Long Term Incentive Plan 2. Deferred Bonus Plan |
|||||||||
|
(c) |
Price(s) and volume(s)
|
|
|||||||||
|
(d) |
Aggregated information |
|
|||||||||
|
|
· Aggregated volume |
144,204 |
|||||||||
|
|
· Price |
£5.04 |
|||||||||
|
(e) |
Date of the transaction |
2023.09.19 |
|||||||||
|
(f) |
Place of the transaction |
Outside a trading venue |
|||||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
(a) |
Name |
Graham Cope |
|||||||||
|
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 |
|||||||||
|
|
Identification code |
GB00BG11K365 |
|||||||||
|
(b) |
Nature of the transaction |
Grant of nil cost options under the Company's: 1. Long Term Incentive Plan 2. Deferred Bonus Plan |
|||||||||
|
(c) |
Price(s) and volume(s)
|
|
|||||||||
|
(d) |
Aggregated information |
|
|||||||||
|
|
· Aggregated volume |
39,698 |
|||||||||
|
|
· Price |
£5.04 |
|||||||||
|
(e) |
Date of the transaction |
2023.09.19 |
|||||||||
|
(f) |
Place of the transaction |
Outside a trading venue |
|||||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
(a) |
Name |
Gary Crisp |
|||||||||
|
2 |
Reason for the notification |
||||||||||
|
(b) |
Position/status |
PDMR |
|||||||||
|
(c) |
Initial notification/Amendment |
Initial notification |
|||||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||||||||
|
(d) |
Name |
Redrow plc |
|||||||||
|
(e) |
LEI |
2138008WJZBBA7EYEL28 |
|||||||||
|
4 |
Details of the transaction(s) |
||||||||||
|
(f) |
Description of the financial instrument, type of instrument |
Ordinary shares of 10.5p each |
|||||||||
|
|
Identification code |
GB00BG11K365 |
|||||||||
|
(g) |
Nature of the transaction |
Grant of nil cost options under the Company's: 1. Long Term Incentive Plan 2. Deferred Bonus Plan |
|||||||||
|
(h) |
Price(s) and volume(s)
|
|
|||||||||
|
(i) |
Aggregated information |
|
|||||||||
|
|
· Aggregated volume |
52,116 |
|||||||||
|
|
· Price |
£5.04 |
|||||||||
|
(j) |
Date of the transaction |
2023.09.19 |
|||||||||
|
(k) |
Place of the transaction |
Outside a trading venue |
|||||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
(a) |
Name |
Timothy Stone |
|||||||||
|
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 |
|||||||||
|
|
Identification code |
GB00BG11K365 |
|||||||||
|
(b) |
Nature of the transaction |
Grant of nil cost options under the Company's: 1. Long Term Incentive Plan 2. Deferred Bonus Plan |
|||||||||
|
(c) |
Price(s) and volume(s)
|
|
|||||||||
|
(d) |
Aggregated information |
|
|||||||||
|
|
· Aggregated volume |
52,116 |
|||||||||
|
|
· Price |
£5.04 |
|||||||||
|
(e) |
Date of the transaction |
2023.09.19 |
|||||||||
|
(f) |
Place of the transaction |
Outside a trading venue |
|||||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
(a) |
Name |
Christopher Lilley |
|||||||||
|
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 |
|||||||||
|
|
Identification code |
GB00BG11K365 |
|||||||||
|
(b) |
Nature of the transaction |
Grant of nil cost options under the Company's: 1. Long Term Incentive Plan 2. Deferred Bonus Plan |
|||||||||
|
(c) |
Price(s) and volume(s)
|
|
|||||||||
|
(d) |
Aggregated information |
|
|||||||||
|
|
· Aggregated volume |
52,116 |
|||||||||
|
|
· Price |
£5.04 |
|||||||||
|
(e) |
Date of the transaction |
2023.09.19 |
|||||||||
|
(f) |
Place of the transaction |
Outside a trading venue |
|||||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
(a) |
Name |
Karen Jones |
|||||||||
|
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 |
|||||||||
|
|
Identification code |
GB00BG11K365 |
|||||||||
|
(b) |
Nature of the transaction |
Grant of nil cost options under the Company's: 1. Long Term Incentive Plan 2. Deferred Bonus Plan |
|||||||||
|
(c) |
Price(s) and volume(s)
|
|
|||||||||
|
(d) |
Aggregated information |
|
|||||||||
|
|
· Aggregated volume |
34,201 |
|||||||||
|
|
· Price |
£5.04 |
|||||||||
|
(e) |
Date of the transaction |
2023.09.19 |
|||||||||
|
(f) |
Place of the transaction |
Outside a trading venue |
|||||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
(a) |
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 |
|||||||||
|
|
Identification code |
GB00BG11K365 |
|||||||||
|
(b) |
Nature of the transaction |
Grant of nil cost options under the Company's: 1. Long Term Incentive Plan 2. Deferred Bonus Plan |
|||||||||
|
(c) |
Price(s) and volume(s)
|
|
|||||||||
|
(d) |
Aggregated information |
|
|||||||||
|
|
· Aggregated volume |
34,201 |
|||||||||
|
|
· Price |
£5.04 |
|||||||||
|
(e) |
Date of the transaction |
2023.09.19 |
|||||||||
|
(f) |
Place of the transaction |
Outside a trading venue |
|||||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
(a) |
Name |
Rose Sandell |
|||||||||
|
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 |
|||||||||
|
|
Identification code |
GB00BG11K365 |
|||||||||
|
(b) |
Nature of the transaction |
Grant of nil cost options under the Company's: 1. Long Term Incentive Plan 2. Deferred Bonus Plan |
|||||||||
|
(c) |
Price(s) and volume(s)
|
|
|||||||||
|
(d) |
Aggregated information |
|
|||||||||
|
|
· Aggregated volume |
29,958 |
|||||||||
|
|
· Price |
£5.04 |
|||||||||
|
(e) |
Date of the transaction |
2023.09.19 |
|||||||||
|
(f) |
Place of the transaction |
Outside a trading venue |
|||||||||
|
Name of officer of issuer responsible for making notification: Graham Cope Date of notification: 2023.09.19 |
LEI Number:
2138008WJZBBA7EYEL28
Announcement Classification:
3.1: Additional regulated information required to be disclosed under the laws of a Member State