Perks per Share

LSE: RDW

Redrow

Discount on a new Redrow home

Discontinued
What shareholders got 1% off 2,500 shares or more

Redrow was a UK housebuilder. It joined the Barratt group in 2024, and Barratt Redrow continues to sell new homes under the Redrow name.

This scheme has endedRedrow’s listing and share trading ended on 23 August 2024 following Barratt’s takeover. A replacement discount from Barratt Redrow is unconfirmed.

History of the perk

  1. Redrow delisted

    Barratt completed its takeover on 21 August 2024. Redrow’s listing and share trading ended on 23 August.

  2. Last standalone annual report

    Redrow’s final annual report included the discount on page 279.

  3. Cap introduced

    The investor site added “subject to a cap of £5,000” between July 2010 and May 2011.

  4. Discount in the annual report

    The 2007 annual report described the home discount without a cap. It did not state when the scheme began.

What shareholders got

Shareholders received 1% off a new Redrow home.

How the cap worked

The maximum discount was £5,000, reached on a £500,000 home.

Who qualified

You needed at least 2,500 ordinary shares.

Minimum holding period: 12 months before reserving the home.

Shares held through a broker

The terms did not say whether shares held through a broker qualified.

Other conditions

Limit
£5,000 per home on the discount

Previous claim process

The published terms did not explain how to claim the discount or prove share ownership.