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 reveals that Man Group PLC owns and controls 6,598,742 10p ordinary shares of Barratt Developments, representing 0.68% of the total shares. Additionally, the disclosure indicates cash-settled derivatives of 6,668,235 shares and stock-settled derivatives totaling 13,266,977 shares. The disclosure also includes details of recent dealings, such as reducing long and short positions through equity swaps.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form for open positions is attached to the disclosure.
This disclosure provides transparency regarding Man Group PLC's interests and short positions in Barratt Developments plc, in accordance with regulatory requirements. It offers insights into the ownership and control of relevant securities, as well as recent dealings involving the company's shares and derivatives. The information serves to inform stakeholders and the public about the holdings and activities of Man Group PLC in relation to Barratt Developments plc.