JPMorgan Asset Management has released a Form 8.3 disclosure regarding its interests in Barratt Developments plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, provides key information about JPMorgan Asset Management's positions and dealings related to Barratt Developments plc's relevant securities.
As of the latest practicable date prior to the disclosure, JPMorgan Asset Management owned and/or controlled 1.38% of Barratt Developments plc's 10p ordinary shares, amounting to 13,464,649 securities. Additionally, the disclosure indicated cash-settled derivatives of 0.17% and a total of 1.55% in relevant securities.
The disclosure also detailed recent dealings by JPMorgan Asset Management, including purchases and sales of Barratt Developments plc's 10p ordinary shares. This included the purchase of 575,293 securities at a price of 5.4300 GBP per unit and the sale of 15,660 securities at a price of 5.5027 GBP per unit.
Furthermore, the disclosure stated that JPMorgan Asset Management is making disclosures in respect of another party to the offer, Redrow plc.
The disclosure concluded with additional information, including the absence of indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives.
This Form 8.3 disclosure by JPMorgan Asset Management provides a comprehensive overview of its positions and dealings related to Barratt Developments plc, offering transparency in accordance with regulatory requirements.