Man Group PLC has disclosed its position in Barratt Developments plc, as per the Form 8.3 public opening position disclosure/dealing disclosure by a person with interests in relevant securities representing 1% or more. The disclosure includes key information such as the full name of the discloser, Man Group PLC, and the offeror/offeree in relation to whose relevant securities this form relates, which is Barratt Developments plc. Additionally, the disclosure mentions the positions of the person making the disclosure, including interests and short positions in the relevant securities of Barratt Developments plc.
The disclosure further details the dealings, if any, by the person making the disclosure, including purchases and sales, cash-settled derivative transactions, and stock-settled derivative transactions. It also includes other information such as indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides a comprehensive overview of Man Group PLC's position and dealings in Barratt Developments plc, as required by Rule 8.3 of the Takeover Code. It offers insights into the ownership and control of interests and short positions, as well as the nature of the transactions undertaken. This disclosure is an important regulatory requirement that provides transparency in the dealings of relevant securities.