Man Group PLC has disclosed its position in Barratt Developments plc, as per the Form 8.3 filing. The disclosure indicates that Man Group PLC holds 6,598,742 10p ordinary shares of Barratt Developments, representing 0.68% of the total shares. Additionally, the disclosure shows that Man Group PLC has cash-settled derivatives amounting to 6,670,933 shares and stock-settled derivatives totaling 13,269,675 shares. The filing also includes details of derivative transactions, including opening and closing positions, as well as increasing and reducing long and short positions.
The disclosure further reveals that Man Group PLC has not entered into any indemnity or option arrangements, agreements, or understandings related to relevant securities that may be an inducement to deal or refrain from dealing. Additionally, there are no agreements, arrangements, or understandings relating to options or derivatives disclosed in the filing.
This Form 8.3 filing by Man Group PLC provides transparency regarding its interests and short positions in Barratt Developments plc, offering insights into its holdings and dealings with the company's securities. It serves as a regulatory requirement to disclose such positions and transactions, ensuring transparency and compliance with relevant regulations.