Until such time Shareholders should retain any share certificate(s) they currently hold in respect of Existing Ordinary Shares for record purposes only. It is expected that by 16 April 2019, the Company will despatch share certificates in respect of New Ordinary Shares to those Shareholders who held their Existing Ordinary Shares in certificated form. Share certificates in respect of Existing Ordinary Shares will cease to be valid. today, 8 April 2019, the New Ordinary Shares will be admitted to the premium listing segment of the Official List of the FCA and to trading on the main market of the LSE. It is expected that a further announcement will be made tomorrow regarding the B Share Purchase Offer. Each of the Directors and the Company Secretary of Redrow are irrevocably authorised (on behalf of holders of the B Shares) to accept the B Share Purchase Offer and no holders of B Shares are separately able to accept or reject the B Share Purchase Offer. ![]() No share certificates will be issued in respect of the B Shares and no CREST accounts will be credited with B Shares.Īs set out in the Circular, it is expected that Barclays Bank PLC (or a subsidiary thereof) (' Barclays') (acting as principal, and not as agent, nominee or trustee for Redrow) will make an offer to purchase all of the B Shares for an amount of 30 pence per B Share (free of all expenses and commissions) tomorrow, 9 April 2019. ![]() No application has been, or will be, made to the FCA or to the LSE, respectively, for any of the B Shares to be admitted to the Official List or to trading on the LSE's main market for listed securities, nor will the B Shares be listed or admitted to trading on any other recognised investment exchange. ![]() Further to the publication on 7 March 2019 of the explanatory circular regarding the B Share Scheme and the Share Consolidation (the ' Circular'), and the passing of all the required resolutions at Redrow's General Meeting on 27 March 2019, Redrow announces that the allotment and issue of 369,799,941 B Shares relating to the B Share Scheme (there being 369,799,941 Existing Ordinary Shares in issue at the Record Time) will occur today.
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