Man Group PLC has disclosed its position in Barratt Developments plc, in accordance with Rule 8.3 of the Takeover Code. As of the latest practicable date prior to the disclosure, Man Group PLC holds 0.25% of the 10p ordinary shares of Barratt Developments plc, amounting to 2,448,975 securities. Additionally, they hold cash-settled derivatives and stock-settled derivatives, totaling 0.27% and 0.52% respectively. The disclosure also includes details of dealings in relevant securities, such as reducing a short position through equity swap transactions.
The disclosure further states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure. The disclosure was made on 02/04/2024, and for any public disclosures under Rule 8 of the Code, it must be made to a Regulatory Information Service. The contact person for this disclosure is Mackenzie Terry, with a provided telephone number for further inquiries.
This disclosure provides transparency regarding Man Group PLC's interests and short positions in Barratt Developments plc, ensuring compliance with the regulatory requirements of the Takeover Code. It offers insights into the holdings and dealings of significant shareholders, contributing to a more informed investment landscape.