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 owns and/or controls 3,589,408 10p ordinary shares of Barratt Developments, representing 0.37% of the total shares. Additionally, the disclosure includes cash-settled derivatives, with 2,674,034 representing 0.27% and stock-settled derivatives totaling 6,263,442, which is 0.64% of the shares. The filing also details recent dealings, including purchases of 10p ordinary shares at various prices per unit.
The disclosure further outlines the nature of the dealings, such as increasing or reducing long/short positions through equity swaps. It also provides information on stock-settled derivative transactions and other relevant details. The filing states that there are no indemnity or other dealing arrangements, and no agreements, arrangements, or understandings relating to options or derivatives.
This Form 8.3 filing by Man Group PLC provides a comprehensive overview of its interests, short positions, and recent dealings related to Barratt Developments plc. It offers detailed insights into the ownership and control of relevant securities, as well as the nature of the derivative transactions. The filing adheres to the requirements of Rule 8.3 of the Takeover Code, providing transparency regarding Man Group PLC's position in Barratt Developments plc.