September 11, 2017 / 3:55 PM / 12 days ago

BRIEF-Bookrunner says 25.9 million shares to be place via accelerated bookbuild in Redrow

Sept 11 (Reuters) - Block Trade - Redrow Plc:

* ACCELERATED BOOKBUILD OFFERING OF APPROXIMATELY 25.9 MILLION EXISTING ORDINARY SHARES IN REDROW PLC

* BOOKRUNNER SAYS PLACING REPRESENTS APPROXIMATELY 7 % OF REDROW‘S ISSUED SHARE CAPITAL

* BOOKRUNNER SAYS FOLLOWING PLACING, STEVE MORGAN AND CLOSELY ASSOCIATED VEHICLES WILL CONTINUE TO HOLD C.33% OF SHARE CAPITAL OF REDROW Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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