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Redrow plc announced that Timothy Stone, a Person Discharging Managerial Responsibilities (PDMR), exercised options under the Company's Sharesave Plan. On February 16, 2024, Stone exercised options for 4,768 ordinary shares of 10.5p each at an option price of £3.775 per share.
| Date | 16 Feb 2024 |
| Time | 10:34:45 |
| Category | Director/PDMR dealings |
| ID | 4559D |
Redrow plc
Notification of Transactions of Persons Discharging Managerial Responsibilities
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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(a) |
Name |
Timothy Stone |
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2 |
Reason for the notification |
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(a) |
Position/status |
PDMR |
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(b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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(a) |
Name |
Redrow plc |
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(b) |
LEI |
2138008WJZBBA7EYEL28 |
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4 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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(a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 10.5p each |
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Identification code |
GB00BG11K365 |
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(b) |
Nature of the transaction |
Exercise of options under the Company's Sharesave Plan, 3-year scheme, at an option price of £3.775 Options exercisable between 1 January 2024 and 30 June 2024 |
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(c) |
Price(s) and volume(s)
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(d) |
Aggregated information |
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· Aggregated volume |
4,768 |
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· Price |
£3.775 |
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(e) |
Date of the transaction |
2024.02.16 |
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(f) |
Place of the transaction |
Outside a trading venue |
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Name of officer of issuer responsible for making notification: Beth Ford Date of notification: 2024.02.16 |
LEI Number:
2138008WJZBBA7EYEL28
Announcement Classification:
3.1: Additional regulated information required to be disclosed under the laws of a Member State