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 includes key information such as the full name of the discloser, Man Group PLC, and the relevant securities owned and/or controlled. Man Group PLC holds 7,969,893 10p ordinary shares, representing 0.82% of the total, and has cash-settled derivatives and stock-settled derivatives in relation to Barratt Developments plc.
The disclosure also includes details of any open stock-settled derivative positions and rights to subscribe for new securities. It further outlines any dealings by Man Group PLC, including purchases, sales, cash-settled derivative transactions, and stock-settled derivative transactions. The disclosure also confirms that there are no indemnity and other dealing arrangements or agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides a comprehensive overview of Man Group PLC's position in Barratt Developments plc, in compliance with the regulatory requirements. It offers transparency regarding the interests and short positions held by Man Group PLC, as well as any dealings related to the relevant securities. This disclosure is an important aspect of maintaining transparency and regulatory compliance in the context of securities ownership and trading.