Redrow plc (GB:RDW) has released an update.
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Key management personnel at Redrow plc have exercised nil cost options for ordinary shares as part of the company’s DBP and LTIP schemes, following a court-sanctioned Scheme of Arrangement. The transactions, which occurred outside a trading venue on August 20, 2024, involved significant volumes of shares acquired at no cost by multiple directors and PDMRs. This move could signal insider confidence in the company’s future and be of interest to shareholders and potential investors.
For further insights into GB:RDW stock, check out TipRanks’ Stock Analysis page.
