Man Group PLC has disclosed its position in Barratt Developments plc, as per the Form 8.3 filing released on 16th July 2024. The disclosure is in accordance with Rule 8.3 of the Takeover Code, pertaining to public opening position disclosure/dealing disclosure by a person with interests in relevant securities representing 1% or more.
Man Group PLC has revealed that it owns and/or controls 7,851,544 (0.81%) relevant securities of Barratt Developments plc. Additionally, they hold cash-settled derivatives amounting to 3,139,587 (0.32%) and stock-settled derivatives totaling 10,991,131 (1.13%). The disclosure also includes details of cash-settled derivative transactions involving the purchase of 10p ordinary equity swap securities.
The filing does not contain any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form for open positions is attached to the disclosure.
The disclosure provides insights into Man Group PLC's significant interests and positions in Barratt Developments plc, offering transparency in line with regulatory requirements. This filing serves to inform stakeholders and the public about the holdings and dealings of Man Group PLC in relation to Barratt Developments plc.