Man Group PLC has disclosed its position in Barratt Developments plc, as per the Form 8.3 filing. The disclosure is in accordance with Rule 8.3 of the Takeover Code. Man Group PLC has revealed that it owns and/or controls 6,414,215 relevant securities of Barratt Developments plc, representing 0.66% of the total. Additionally, the company holds cash-settled derivatives and stock-settled derivatives, including options, related to Barratt Developments plc.
The disclosure also includes details of recent dealings by Man Group PLC. This includes purchases and sales of relevant securities, as well as cash-settled derivative transactions involving equity swaps. The Form 8.3 filing provides a comprehensive breakdown of the transactions, including the number of securities involved and the price per unit.
Furthermore, the filing contains information about any indemnity and other dealing arrangements, with Man Group PLC stating that there are none. Additionally, it confirms that there are no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure by Man Group PLC provides transparency regarding its interests and dealings in Barratt Developments plc, in line with regulatory requirements. This filing offers insights into the company's position and activities related to Barratt Developments plc's securities, contributing to a clearer understanding of the market dynamics and stakeholders involved.