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 6,529,115 10p ordinary shares of Barratt Developments, representing 0.67% of the total shares. Additionally, they hold cash-settled derivatives and stock-settled derivatives, with a total interest of 0.94% and 0.19% short positions. The disclosure also includes details of derivative transactions, including reducing long positions and increasing short positions.
The filing does not reveal any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure is in compliance with Rule 8.3 of the Takeover Code.
This Form 8.3 filing provides transparency about Man Group PLC's interests and positions in Barratt Developments plc, offering insights into their holdings and dealings with the company's securities. It serves as a regulatory requirement for transparency and disclosure of significant ownership or control of relevant securities.