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/or controlled, cash-settled derivatives, and stock-settled derivatives, along with the number and percentage of interests and short positions.
As of the latest practicable date prior to the disclosure, JPMorgan Asset Management owned and/or controlled 14,821,577 relevant securities of Barratt Developments plc, representing 1.52%. Additionally, they held cash-settled derivatives and stock-settled derivatives, including options and agreements to purchase/sell, totaling 1.67% and 0.02% respectively. The disclosure also includes details of purchases and sales of relevant securities, as well as cash-settled derivative transactions and stock-settled derivative transactions.
The disclosure further states that JPMorgan Asset Management is making disclosures in respect of another party to the offer, Redrow plc. It also provides information about any indemnity or other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. The disclosure concludes with contact information and regulatory requirements.
This Form 8.3 disclosure by JPMorgan Asset Management provides comprehensive information about their positions and dealings related to Barratt Developments plc, offering transparency in accordance with the regulatory requirements of the Takeover Code.