Man Group PLC has disclosed its position in Barratt Developments plc, as per the Form 8.3 filing released on 17th May 2024. The disclosure is in accordance with Rule 8.3 of the Takeover Code. Man Group PLC has 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 controlled, as well as cash-settled derivatives. Additionally, the form also includes details of dealings, such as purchases, sales, and derivative transactions.
According to the disclosure, Man Group PLC owns and/or controls 6,598,742 10p ordinary shares of Barratt Developments plc, representing 0.68% of the total. Moreover, the company holds cash-settled derivatives amounting to 6,665,835 shares, which is 0.68% of the total, and has short positions of 1,832,003 shares, accounting for 0.19%. The form also outlines various cash-settled derivative transactions, including the nature of dealing and the number of reference securities, along with the price per unit.
The disclosure provides a comprehensive overview of Man Group PLC's position in Barratt Developments plc, offering insights into its interests, short positions, and derivative transactions. This filing is crucial for transparency and regulatory compliance, providing stakeholders with pertinent information about the company's holdings and dealings in relevant securities.