Accelerated Book Build Placing of Secondary Shares – Redrow

Peel Hunt acted as co-bookrunner on an accelerated book build placing of 25.9m existing Ordinary shares in Redrow PLC (representing 7% of the Company) on behalf of Bridgemere Securities and The Steve Morgan Foundation at a price of 590 pence per Ordinary Share raising gross proceeds of £152.8million, as announced on 12 September, 2017.