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. The disclosure includes details of the relevant securities owned and controlled, cash-settled derivatives, and stock-settled derivatives, among other information.
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 14,811,032 relevant securities owned and/or controlled. Additionally, they hold 0.15% through cash-settled derivatives, totaling 1,480,822 relevant securities. The disclosure also includes details of transactions, such as sales of ordinary shares and cash-settled derivative transactions, including the number of securities and price 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 indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. It is important to note that the disclosure does not include any supplemental form or attachments.
The release of this Form 8.3 disclosure by JPMorgan Asset Management provides transparency regarding their positions and dealings in the relevant securities of Barratt Developments plc, in compliance with the regulatory requirements of the Takeover Code.
For further details or inquiries regarding the disclosure, the contact person provided is Natasha Mondon, with a telephone number of 01202 325175.
This disclosure is a part of the regulatory requirements under Rule 8 of the Code and has been made to a Regulatory Information Service, ensuring compliance with the disclosure requirements of the Code.
The Panel's Market Surveillance Unit is also available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
Date of disclosure: 19 June 2024