JPMorgan Asset Management has disclosed a 1.52% interest in Barratt Developments plc, representing 14,805,836 ordinary shares. Additionally, they hold 1,573,252 cash-settled derivatives. The disclosure also includes details of purchases of Barratt Developments plc's 10p ordinary shares, with 4,326 shares purchased at 4.9327 GBP per unit and 3,213 shares purchased at 4.9510 GBP per unit. The disclosure was made on 12 July 2024.
The disclosure is in compliance with Rule 8.3 of the Takeover Code, and it is specified that JPMorgan Asset Management is also making disclosures in respect of Redrow plc. The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into JPMorgan Asset Management's position and dealings with Barratt Developments plc, offering transparency in their ownership and control of relevant securities. It also indicates their involvement with another party to the offer, Redrow plc. The detailed breakdown of interests, short positions, and dealings in relevant securities provides a comprehensive view of JPMorgan Asset Management's activities related to Barratt Developments plc.