Man Group PLC has disclosed its position in Barratt Developments plc, as per the Form 8.3 filing released on 19th February 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 disclosure includes details of the number and percentage of relevant securities owned and/or controlled, as well as cash-settled derivatives. Additionally, it outlines the dealings, including purchases, sales, and derivative transactions, providing specific information on the number of securities and price per unit.

The disclosure indicates that Man Group PLC holds 2,579,075 10p ordinary shares of Barratt Developments plc, representing 0.26% of the total shares. Furthermore, it holds cash-settled derivatives amounting to 665,782, which is 0.07% of the total shares. The disclosure also includes stock-settled derivatives and agreements to purchase/sell, totaling 3,244,857, representing 0.33% of the total shares.

The Form 8.3 filing provides a comprehensive breakdown of the derivative transactions, including the nature of dealing, number of reference securities, and price per unit. It details various activities such as reducing long positions, increasing short positions, and exercising options. The disclosure also mentions the date of the position held and dealing undertaken, which was the latest practicable date prior to the disclosure, i.e., 16th February 2024.

The filing further specifies that Man Group PLC is making disclosures in respect of another party to the offer, namely Redrow. However, it clarifies that if it is a cash offer or possible cash offer, the response is "N/A." The disclosure provides a clear and detailed overview of Man Group PLC's position and dealings related to Barratt Developments plc, offering transparency and compliance with regulatory requirements.