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 0.67% of the 10p ordinary shares of Barratt Developments plc, amounting to 6,481,486 shares. Additionally, the disclosure includes cash-settled derivatives, with 0.18% in cash-settled derivatives amounting to 1,789,404 shares and 0.19% in short positions amounting to 1,818,455 shares. The disclosure also details various transactions, including purchases and sales, as well as cash-settled derivative transactions such as increasing short and long positions in 10p ordinary equity swaps.
The filing provides a comprehensive breakdown of Man Group PLC's interests and short positions in Barratt Developments plc, offering insight into the company's holdings and dealings related to the relevant securities. It also outlines the nature of the transactions, including the number of securities involved and the price per unit. The disclosure further states that there are no indemnity or other dealing arrangements, and no agreements, arrangements, or understandings relating to options or derivatives.
Overall, the Form 8.3 filing by Man Group PLC provides a detailed overview of its position and dealings in Barratt Developments plc, in compliance with Rule 8.3 of the Takeover Code. This disclosure offers transparency regarding the holdings and transactions of Man Group PLC in relation to Barratt Developments plc's securities, contributing to a clearer understanding of the company's interests in the relevant securities.