JPMorgan Asset Management has disclosed a 1.52% interest in Barratt Developments plc, representing 14,817,829 ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, also includes cash-settled derivatives totaling 0.15% and stock-settled derivatives amounting to 1.67%. Additionally, there was an increase in the holding of 6,480 Ordinary Shares due to a transfer. The disclosure also mentions dealings with Redrow plc.
The disclosure further details a purchase of 317 10p ordinary shares at a price of 4.6870 GBP per unit. It also includes information on cash-settled derivative transactions and stock-settled derivative transactions, as well as other dealings, such as subscribing for new securities.
The disclosure concludes with information on indemnity and other dealing arrangements, stating that there are none, as well as agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no Supplemental Form 8 (Open Positions) is attached.
This disclosure provides a comprehensive overview of JPMorgan Asset Management's position and dealings with Barratt Developments plc, in compliance with the regulatory requirements of the Takeover Code.