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 7,703,782 relevant securities of Barratt Developments, representing 0.79% of the total. Additionally, they hold cash-settled derivatives and stock-settled derivatives, bringing the total to 12,401,172 relevant securities, which represents 1.27% of the total. The disclosure also includes details of recent dealings, including purchases of 10p ordinary shares at various prices per unit.
The disclosure further states that Man Group PLC has no indemnity or other dealing arrangements related to relevant securities, and there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure does not include a Supplemental Form 8 (Open Positions).
This disclosure provides insight into Man Group PLC's significant position in Barratt Developments plc and their recent dealings with the company's securities. It offers transparency in accordance with regulatory requirements and contributes to the overall understanding of the market dynamics related to Barratt Developments plc.