Perks per Share

LSE: RDW

Redrow

Discount on a new Redrow home

What shareholders got 1% offDiscontinued 2,500 shares or more

This scheme has endedRedrow’s shares were cancelled on 23 August 2024 following Barratt’s takeover. We found no replacement discount in Barratt Redrow’s shareholder materials.

History of the perk

  1. Redrow shares cancelled

    Barratt completed its takeover on 21 August 2024. Redrow’s shares were cancelled 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 the archived pages dated July 2010 and May 2011.

  4. Discount introduced

    The discount first appeared in the 2007 annual report, without a cap. The 2006 report did not include it.

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 we reviewed did not explain how to claim the discount or prove share ownership.

Dates

Scheme ended