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 1.52% of the 10p ordinary shares of Barratt Developments plc, representing 14,780,225 relevant securities. Additionally, they have cash-settled derivatives amounting to 0.15% of the shares, totaling 1,480,822 securities. The total interest and short positions disclosed amount to 1.67% of the relevant securities.
The disclosure also includes details of dealings by JPMorgan Asset Management, such as purchases and sales of Barratt Developments plc's 10p ordinary shares. The form provides information on the number of securities involved in each transaction and the price per unit.
Furthermore, the disclosure states that JPMorgan Asset Management is making disclosures in respect of another party to the offer, Redrow plc.
The form concludes with additional information, including details of indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no supplemental form is attached and provides the contact information for further inquiries.
This disclosure provides transparency regarding JPMorgan Asset Management's positions and dealings related to Barratt Developments plc, offering insights into their interests and activities in the company's securities.