JPMorgan Asset Management has released a Form 8.3 disclosure related to Barratt Developments plc. The disclosure, in accordance with Rule 8.3 of the Takeover Code, provides key information about JPMorgan Asset Management's interests and short positions in Barratt Developments plc's relevant securities. The disclosure includes details of the relevant securities owned and controlled, cash-settled derivatives, and stock-settled derivatives. It also outlines recent dealings, including purchases and sales of the relevant securities.
As of the latest practicable date prior to the disclosure, JPMorgan Asset Management disclosed ownership and/or control of 15,365,989 relevant securities, representing 1.58% of the total. Additionally, they disclosed cash-settled derivatives amounting to 1,480,822 relevant securities, constituting 0.15% of the total. The disclosure also includes stock-settled derivatives, with a total of 16,846,811 relevant securities and 1.73% ownership.
The disclosure further details recent dealings, including the sale of 62,035 10p ordinary securities at a price of 5.1760 GBP per unit. The disclosure also includes information about cash-settled derivative transactions and stock-settled derivative transactions, providing a comprehensive overview of JPMorgan Asset Management's recent activities related to Barratt Developments plc's securities.
The disclosure concludes with additional information, including indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no Supplemental Form 8 (Open Positions) is attached and provides contact information for further inquiries.
This Form 8.3 disclosure by JPMorgan Asset Management offers a detailed insight into their positions and recent dealings related to Barratt Developments plc's relevant securities, in compliance with the regulatory requirements of the Takeover Code.