Man Group PLC has disclosed its position in Barratt Developments plc, as per the Form 8.3 released on 26th June 2024. The disclosure is in accordance with Rule 8.3 of the Takeover Code. Man Group PLC revealed that it owns 7,698,836 10p ordinary shares of Barratt Developments, representing 0.79% of the total shares. Additionally, they hold cash-settled derivatives and stock-settled derivatives, totaling 1.37% of the shares. The disclosure also includes details of recent dealings, such as the sale of 69,500 10p ordinary shares at 4.746 GBP per unit.
The form also outlines various cash-settled derivative transactions, including reducing and increasing long/short positions. It further provides information on stock-settled derivative transactions and other dealings. The disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure does not include a Supplemental Form 8 (Open Positions). The form indicates that Man Group PLC is making disclosures in respect of another party to the offer, Redrow plc. The details provided in the Form 8.3 offer transparency regarding Man Group PLC's interests and dealings in Barratt Developments plc, in compliance with the regulatory requirements.