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 the latest practicable date prior to the disclosure, JPMorgan Asset Management holds 1.33% of the 10p ordinary shares of Barratt Developments plc, representing 12,939,238 relevant securities owned and/or controlled. Additionally, they hold 0.17% through cash-settled derivatives, totaling 1.50% of the relevant securities.
The disclosure also includes details of dealings by JPMorgan Asset Management, including the sale of 2,277 10p ordinary shares at a price of 5.0920 GBP per unit. The form further states that JPMorgan Asset Management is making disclosures in respect of another party to the offer, Redrow plc.
The disclosure concludes with information on 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 Form 8.3 disclosure by JPMorgan Asset Management provides a comprehensive overview of their positions and dealings related to Barratt Developments plc's relevant securities, in compliance with the regulatory requirements of the Takeover Code.