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 controls 6,814,534 10p ordinary shares of Barratt Developments, representing 0.70% of the total shares. Additionally, they hold cash-settled derivatives amounting to 5,592,777 shares and stock-settled derivatives of 12,407,311 shares. The disclosure also includes details of derivative transactions, such as increasing and reducing short positions through equity swaps.
The disclosure does not include any indemnity or option arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 29th May 2024 and is in compliance with the regulatory requirements. This disclosure provides insights into the significant holdings and derivative positions of Man Group PLC in Barratt Developments plc, offering transparency to the market and stakeholders.