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 holds 7,969,893 10p ordinary shares of Barratt Developments, representing 0.82% of the total shares. Additionally, the disclosure shows that Man Group PLC has cash-settled derivatives amounting to 4,684,434 shares and stock-settled derivatives totaling 12,654,327 shares. The disclosure also includes details of recent dealings, including purchases and sales, as well as derivative transactions.
The disclosure provides a comprehensive overview of Man Group PLC's interests and short positions in Barratt Developments plc, shedding light on the ownership and control of relevant securities. It also includes information on cash-settled and stock-settled derivatives, as well as recent dealings in various classes of relevant securities. The disclosure is in compliance with the regulatory requirements of the Takeover Code, ensuring transparency in the company's holdings and dealings.
The detailed breakdown of the positions and rights to subscribe for new securities, along with the specifics of recent dealings, offers valuable insight into Man Group PLC's involvement with Barratt Developments plc. This disclosure serves to inform stakeholders and the public about the extent of Man Group PLC's interests in Barratt Developments plc, contributing to transparency and regulatory compliance in the financial markets.