JPMorgan Asset Management has disclosed its position in Barratt Developments plc, as per the requirements of Rule 8.3 of the Takeover Code. The disclosure, dated 12th March 2024, reveals that JPMorgan Asset Management owns and/or controls 1.65% of the 10p ordinary shares of Barratt Developments plc, amounting to 16,078,911 securities. Additionally, they hold cash-settled derivatives and stock-settled derivatives, totaling 1.83% of the relevant securities. The disclosure also mentions dealings in the relevant securities, including purchases and sales of the 10p ordinary shares at various prices per unit.

The disclosure further states that JPMorgan Asset Management is making disclosures in respect of another party to the offer, Redrow plc. The document also includes information about cash-settled derivative transactions, stock-settled derivative transactions, and other dealings, as well as details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities. The disclosure concludes with contact information and regulatory requirements.

This disclosure provides insight into JPMorgan Asset Management's interests and short positions in Barratt Developments plc, offering transparency in line with regulatory requirements. It sheds light on the ownership and control of relevant securities, as well as the nature of dealings and agreements related to these securities.