JPMorgan Asset Management has released a Form 8.3 disclosure regarding its interests in Barratt Developments plc. The disclosure, made on 9th July 2024, indicates that JPMorgan Asset Management owns and/or controls 1.52% of the 10p ordinary shares of Barratt Developments plc, amounting to 14,818,952 securities. Additionally, they hold cash-settled derivatives amounting to 0.16% of the shares, totaling 1,573,252 securities. The disclosure also includes details of recent dealings, including the purchase of 672 securities at a price of 5.0380 GBP per unit.
The disclosure also mentions that JPMorgan Asset Management is making disclosures in respect of another party to the offer, Redrow plc. The form provides comprehensive information about the positions and dealings of JPMorgan Asset Management in relation to Barratt Developments plc, in compliance with Rule 8.3 of the Takeover Code.
The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. The form concludes with contact information for further inquiries and regulatory disclosures under Rule 8 of the Code.
This Form 8.3 disclosure by JPMorgan Asset Management provides detailed insights into their positions and dealings with Barratt Developments plc, offering transparency in line with regulatory requirements.