Man Group PLC has disclosed its position in Barratt Developments PLC, as per the requirements of Rule 8.3 of the Takeover Code. Man Group PLC has revealed that it owns and/or controls 7,956,729 10p ordinary shares of Barratt Developments, representing 0.82% of the total shares. Additionally, they hold cash-settled derivatives and stock-settled derivatives, bringing the total to 13,443,849 shares, which represents 1.38% of the total shares.
The disclosure also includes details of dealings, such as purchases and sales, cash-settled derivative transactions, and stock-settled derivative transactions. Man Group PLC has provided comprehensive information about their interests and short positions in Barratt Developments PLC, as well as any agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in compliance with the regulatory requirements and provides transparency about Man Group PLC's position in Barratt Developments PLC. This information is crucial for stakeholders and investors to understand the ownership and control of relevant securities in Barratt Developments PLC.
This disclosure by Man Group PLC offers insights into the significant holdings and dealings in Barratt Developments PLC, contributing to a better understanding of the company's ownership structure and potential market activities.