Man Group PLC has disclosed its position in Barratt Developments plc, as per the Form 8.3 filing released on 25th June 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, the discloser, revealed that it owns and/or controls 7,768,336 relevant securities of Barratt Developments plc, representing 0.80%. Additionally, the disclosure includes cash-settled derivatives, with 5,674,621 relevant securities representing 0.58%, and stock-settled derivatives totaling 13,442,957 relevant securities, amounting to 1.38%. The disclosure also mentions the rights to subscribe for new securities.
The filing further details the dealings made by Man Group PLC, including purchases and sales, cash-settled derivative transactions, and stock-settled derivative transactions. The transactions are specified with the number of securities and the price per unit.
The disclosure concludes with additional information, stating that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no supplemental form is attached to the disclosure.
This Form 8.3 filing by Man Group PLC provides a comprehensive overview of its position and dealings related to Barratt Developments plc, in compliance with the regulatory requirements.