Man Group PLC has disclosed its position in Barratt Developments PLC, as per the Form 8.3 released on 19th July 2024. Man Group PLC, as the discloser, revealed its interests and short positions in the relevant securities of Barratt Developments PLC. The disclosed information includes the number and percentage of relevant securities owned and/or controlled, as well as cash-settled derivatives. Additionally, the form outlines the dealings made by Man Group PLC, including purchases and sales of the 10p ordinary shares of Barratt Developments PLC.
The disclosed information in the Form 8.3 indicates that Man Group PLC owns 7,956,729 10p ordinary shares of Barratt Developments PLC, representing 0.82% of the total shares. Furthermore, the form reveals cash-settled derivative transactions, including the reduction of a short position through an equity swap. The details of the transactions, such as the number of securities and price per unit, are also provided in the disclosure.
The form also includes a section for other information, where Man Group PLC stated that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made in accordance with Rule 8 of the Code and includes the contact information for further inquiries.
This disclosure provides insights into Man Group PLC's position and dealings with Barratt Developments PLC, offering transparency in line with regulatory requirements.