Man Group PLC has disclosed its position in Barratt Developments plc, as per the requirements of Rule 8.3 of the Takeover Code. The disclosure indicates that Man Group PLC owns and/or controls 7,929,582 relevant securities of Barratt Developments, representing 0.81% of the total. Additionally, they hold cash-settled derivatives and stock-settled derivatives, bringing the total to 13,291,054 relevant securities, which is 1.36% of the total. Man Group PLC has also engaged in various transactions, including the sale of 40,311 10p ordinary shares at a price of 4.977 GBP per unit.
Furthermore, the disclosure includes details of cash-settled derivative transactions, such as reducing a long position and increasing a short position, along with stock-settled derivative transactions. The information provided in the disclosure offers insights into Man Group PLC's dealings and positions in Barratt Developments plc, as required by the regulatory framework. This disclosure provides transparency regarding Man Group PLC's interests and dealings in relevant securities of Barratt Developments plc, contributing to a comprehensive understanding of the company's ownership and control structure.