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Rose Sandell, a Person Discharging Managerial Responsibilities (PDMR) at Redrow plc, exercised nil cost options for 8,464 ordinary shares of 10.5p each on July 31, 2024. On the same date, Ms. Sandell sold 3,989 of these ordinary shares at £7.549 per share to cover tax and National Insurance liabilities.
| Date | 1 Aug 2024 |
| Time | 13:26:39 |
| Category | Director/PDMR dealings |
| ID | 8467Y |
Redrow plc
Notification of Transactions of Persons Discharging Managerial Responsibilities/closely associated person
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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Name |
Rose Sandell |
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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 transaction(s) |
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(a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 10.5p each |
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(b) |
Identification code |
GB00BG11K365 |
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(c) |
Nature of the transaction |
Exercise of nil cost options under the Company's Deferred Bonus Plan |
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(d) |
Price(s) and volume(s)
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(e) |
Aggregated information |
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· |
· Aggregated volume |
8,464 |
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· |
· Price |
Nil |
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(f) |
Date of the transaction |
2024.07.31 |
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(g) |
Place of the transaction |
Outside a trading venue |
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5 |
Details of the transaction(s) |
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(a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 10.5p each |
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(b) |
Identification code |
GB00BG11K365 |
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(c) |
Nature of the transaction |
Sale of shares to cover Tax and National Insurance arising on exercise of options |
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(d) |
Price(s) and volume(s)
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(e) |
Aggregated information |
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· |
· Aggregated volume |
3,989 |
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· |
· Price |
£7.549 |
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(f) |
Date of the transaction |
2024.07.31 |
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(g) |
Place of the transaction |
London Stock Exchange (XLON); Main Market |
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Name of officer of issuer responsible for making notification: Beth Ford, Group Company Secretary Date of notification: 2024.08.01 |
LEI Number
2138008WJZBBA7EYEL28
Announcement Classification
3.1: Additional regulated information required to be disclosed under the laws of a Member State