JPMorgan Asset Management has disclosed its position in Barratt Developments plc, as of May 8, 2024. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that JPMorgan Asset Management owns 1.55% of Barratt Developments' relevant securities, amounting to 15,094,637 shares. Additionally, they hold cash-settled derivatives and stock-settled derivatives, totaling 1.70% of the relevant securities. The disclosure also includes dealings, such as the sale of 15,787 securities at a price of 4.8960 GBP per unit.
The disclosure further indicates that JPMorgan Asset Management is also making disclosures in respect of Redrow plc. The document includes detailed information about the interests, short positions, and dealings by JPMorgan Asset Management, providing a comprehensive overview of their involvement with Barratt Developments plc.
The disclosure concludes with information about indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. It also confirms that no supplemental form is attached and provides contact information for further inquiries.
This disclosure provides valuable insights into JPMorgan Asset Management's position and dealings with Barratt Developments plc, offering transparency and clarity regarding their interests in the company.