Man Group PLC has disclosed its position in Barratt Developments plc, as per the Form 8.3 filing. The disclosure indicates that Man Group PLC owns and/or controls 6,414,215 10p ordinary shares of Barratt Developments, representing 0.66% of the total shares. Additionally, they hold cash-settled derivatives and stock-settled derivatives, with the total position amounting to 7,274,384 shares, which is 0.75% of the total shares. The disclosure also includes details of derivative transactions, including purchases, sales, and variations in positions.
The filing also mentions that Man Group PLC has interests in Redrow, and it provides a breakdown of their rights to subscribe for new securities. The disclosure further outlines the dealings made by Man Group PLC, including cash-settled derivative transactions and stock-settled derivative transactions, with specific details on the nature of dealing, number of securities, and price per unit.
The Form 8.3 filing concludes with information on indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. It also confirms that there are no agreements, arrangements, or understandings relating to options or derivatives. This comprehensive disclosure provides insights into Man Group PLC's positions, dealings, and interests in Barratt Developments plc and Redrow, as per the requirements of the Takeover Code.