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/or 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 1.56% of the relevant securities of Barratt Developments plc, representing 15,173,166 shares. Additionally, the disclosure includes information about cash-settled derivatives, with 0.15% interest and 1,480,822 shares, and stock-settled derivatives, including options and agreements to purchase/sell.
The disclosure also provides details of dealings, including purchases and sales of the relevant securities. JPMorgan Asset Management has disclosed a purchase of 436 10p ordinary shares at a price of 5.0980 GBP per unit. The disclosure further includes information about cash-settled derivative transactions and stock-settled derivative transactions, as well as other dealings, such as subscribing for new securities.
Furthermore, the disclosure contains information about indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. It is noted that there are no such agreements, arrangements, or understandings in place.
The disclosure concludes with contact information and regulatory requirements. It is important to note that this summary is based solely on the information provided in the Form 8.3 disclosure released by JPMorgan Asset Management and is not an endorsement or recommendation to take any action related to Barratt Developments plc's securities.