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. As of 30th April 2024, JPMorgan Asset Management owned and/or controlled 1.57% of Barratt Developments plc's relevant securities, totaling 15,336,022 shares, and held cash-settled derivatives and stock-settled derivatives. The disclosure also includes details of recent dealings, including purchases of 39,525 securities at a price of 4.5464 GBP per unit.
The disclosure further indicates that JPMorgan Asset Management is making disclosures in respect of another party to the offer, Redrow plc. The form also includes information about any indemnity or other dealing arrangements, which in this case, are stated as none. Additionally, there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 1st May 2024, and no supplemental form is attached.
This Form 8.3 disclosure by JPMorgan Asset Management provides a comprehensive overview of their positions and dealings related to Barratt Developments plc, offering transparency and insight into their interests and activities in the company's relevant securities.