7th Feb 2007 17:07
Barratt Developments PLC07 February 2007 TR-1(i): notification of major interests in shares 1. Identity of the issuer or the underlying issuer of existing shares Barratt Developments PLCto which voting rights are attached(ii): 2. Reason for the notification (please tick the appropriate box orboxes) An acquisition or disposal of voting rights An acquisition or disposal of financial instruments which may resultin the acquisition of shares already issued to which voting rights areattached An event changing the breakdown of voting rights Other (please specify): Notification of holding at 20 January 2007 in xaccordance with the Transparency Directive 3. Full name of person(s) subject to the notification obligation(iii): Barratt Developments Plc 4. Full name of shareholder(s) (if different from 3.)(iv): J.P. Morgan International Bank Limited J.P. Morgan Investment Management Inc. JF Asset Management (Taiwan) Limited JF Asset Management Limited JPMorgan Asset Management (Japan) Limited JPMorgan Asset Management (Canada) Inc. JPMorgan Asset Management (UK) Limited JPMorgan Chase Bank 5. Date of the transaction (and date on which the threshold is crossed N/Aor reached if different)(v): 6. Date on which issuer notified: 06 February 2007 7. Threshold(s) that is/are crossed or reached: 5% Threshold 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to the Triggering Resulting situation after the triggering transaction(vii) transaction (vi) If possible using the Number of Shares Number of Voting Number of Number of voting rights ix % of voting rightsISIN CODE Rights viii shares Direct Direct x Indirect xi Direct Indirect Barratt Developments N/A N/A 0 0 18,784,735 0% 7.71% PLC (GB0000811801) B: Financial InstrumentsResulting situation after the triggering transaction xii Type of financial Expiration date xiii Exercise/ Conversion Number of voting rights % of voting rightsinstrument Period/ Date xiv that may be acquired if the instrument is exercised/ converted. N/A Total (A+B)Number of voting rights % of voting rights 18,784,735 7.71% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectivelyheld, if applicable xv:Total disclosable holding for JP Morgan Chase & Co. : 18,784,735 voting rights (7.71%) Holdings by controlled undertakings of JP Morgan Chase & Co. are as follows: J.P. Morgan International Bank Limited J.P. Morgan Investment Management Inc. JF Asset Management (Taiwan) Limited JF Asset Management Limited JPMorgan Asset Management (Japan) Limited JPMorgan Asset Management (Canada) Inc. JPMorgan Asset Management (UK) Limited 17,318,632 voting rights (7.11%) JPMorgan Chase Bank Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: This is notification of disclosable holding as at 20 January 2007. Please note the shareholder has other holdings, which are covered by exemptions. 14. Contact name: Mr Laurence Dent Group Corporate Director & Company Secretary 15. Contact telephone number: 0191 227 2000 A: Identity of the person or legal entity subject to the notification obligationFull name (including legal form for legal entities) Barratt Developments PLCContact address (registered office for legal entities) Rotterdam House 116 Quayside Newcastle Upon Tyne NE1 3DA Phone number 0191 227 2000 Other useful information (at least legal representative for legalpersons) B: Identity of the notifier, if applicable xvii Full name Barratt Developments PLC Contact address Rotterdam House 116 Quayside Newcastle Upon Tyne NE1 3DA Phone number 0191 227 2000Other useful information (e.g. functional relationship with theperson or legal entity subject to the notification obligation) C: Additional information Notes-------------------------- (i) This form is to be sent to the issuer or underlying issuerand to be filed with the competent authority. (ii) Either the full name of the legal entity or another methodfor identifying the issuer or underlying issuer, provided it is reliable andaccurate. (iii) This should be the full name of (a) the shareholder; (b)the person acquiring, disposing of or exercising voting rights in the casesprovided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreementreferred to in DTR5.2.1 (a), or (d) the direct or indirect holder of financialinstruments entitled to acquire shares already issued to which voting rights areattached, as appropriate. In relation to the transactions referred to in points DTR5.2.1 (b) to (h), thefollowing list is provided as indication of the persons who should be mentioned: - in the circumstances foreseen in DTR5.2.1 (b), the personthat acquires the voting rights and is entitled to exercise them under theagreement and the natural person or legal entity who is transferring temporarilyfor consideration the voting rights; - in the circumstances foreseen in DTR 5.2.1 (c), the personholding the collateral, provided the person or entity controls the voting rightsand declares its intention of exercising them, and person lodging the collateralunder these conditions; - in the circumstances foreseen in DTR5.2.1(d), the person whohas a life interest in shares if that person is entitled to exercise the votingrights attached to the shares and the person who is disposing of the votingrights when the life interest is created; - in the circumstances foreseen in DTR5.2.1 (e), the parentundertaking and, provided it has a notification duty at an individual levelunder DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of thosesituations, the controlled undertaking; - in the circumstances foreseen in DTR5.2.1 (f), the deposittaker of the shares, if he can exercise the voting rights attached to the sharesdeposited with him at his discretion, and the depositor of the shares allowingthe deposit taker to exercise the voting rights at his discretion; - in the circumstances foreseen in DTR5.2.1 (g), the personthat controls the voting rights; - in the circumstances foreseen in DTR5.2.1 (h), the proxyholder, if he can exercise the voting rights at his discretion, and theshareholder who has given his proxy to the proxy holder allowing the latter toexercise the voting rights at his discretion. (iv) Applicable in the cases provided for in DTR 5.2.1 (b) to(h). This should be the full name of the shareholder or holder of financialinstruments who is the counterparty to the natural person or legal entityreferred to in DTR5.2. (v) The date of the transaction should normally be, in the caseof an on exchange transaction, the date on which the matching of orders occurs;in the case of an off exchange transaction, date of the entering into anagreement. The date on which threshold is crossed should normally be the date on which theacquisition, disposal or possibility to exercise voting rights takes effect (seeDTR 5.1.1R (3)). For passive crossings, the date when the corporate event tookeffect.(DEL: :DEL) These dates will usually be the same unless the transaction is subject to acondition beyond the control of the parties. (vi) Please refer to the situation disclosed in the previousnotification, In case the situation previous to the triggering transaction wasbelow 3%, please state 'below 3%'. vii If the holding has fallen below the minimum threshold, the notifying party should not be obliged to disclose the extent of theholding, only that the new holding is less than 3%. For the case provided for in DTR5.2.1(a), there should be no disclosure ofindividual holdings per party to the agreement unless a party individuallycrosses or reaches an Article 9 threshold. This applies upon entering into,introducing changes to or terminating an agreement. viii Direct and indirect ix In case of combined holdings of shares with voting rightsattached 'direct holding' and voting rights 'indirect holdings', please splitthe voting rights number and percentage into the direct and indirect columns-ifthere is no combined holdings, please leave the relevant box blank. X Voting rights attached to shares in respect of which thenotifying party is a direct shareholder (DTR 5.1) xi Voting rights held by the notifying party as anindirect shareholder (DTR 5.2.1) xii If the holding has fallen below the minimum threshold, thenotifying party should not be obliged to disclose the extent of the holding,only that the new holding is below 3%. xiii date of maturity / expiration of the finical instrument i.e.the date when the right to acquire shares ends. xiv If the financial instrument has such a period-pleasespecify the period- for example once every three months starting from the (date) xv The notification should include the name(s) of the controlledundertakings through which the voting rights are held. The notification shouldalso include the amount of voting rights and the percentage held by eachcontrolled undertaking, insofar as individually the controlled undertaking holds3% or more, and insofar as the notification by the parent undertaking isintended to cover the notification obligations of the controlled undertaking. xvi This annex is only to be filed with the competent authority. xvii Whenever another person makes the notification on behalf ofthe shareholder or the natural person/legal entity referred to in DTR5.2 andDTR5.3. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Barratt Developments