Man Group PLC has disclosed its position in Barratt Developments plc, as per the Form 8.3 filing. The disclosure includes key information such as the full name of the discloser, Man Group PLC, and the relevant securities owned and/or controlled, which amounts to 6,481,486 shares, representing 0.67%. Additionally, the disclosure outlines cash-settled derivatives and stock-settled derivatives, along with details of any open stock-settled derivative positions. The form also includes information on dealings, such as purchases and sales, cash-settled derivative transactions, and stock-settled derivative transactions.
The disclosure provides a comprehensive overview of Man Group PLC's interests and short positions in Barratt Developments plc, in accordance with Rule 8.3 of the Takeover Code. It offers detailed information on the number and percentage of relevant securities owned and controlled, as well as the nature of derivative transactions. The form also highlights the date of the position held and dealings undertaken, ensuring transparency in the disclosure process.
Furthermore, the disclosure indicates that Man Group PLC is making disclosures in respect of another party to the offer, specifically Redrow. The form categorically presents the positions of the person making the disclosure, including rights to subscribe for new securities, if applicable. It also includes other relevant information, such as indemnity and other dealing arrangements, providing a comprehensive overview of Man Group PLC's position in Barratt Developments plc.
In conclusion, the Form 8.3 filing by Man Group PLC offers a detailed insight into its interests, short positions, and dealings related to Barratt Developments plc. The comprehensive nature of the disclosure ensures transparency and compliance with regulatory requirements, providing stakeholders with valuable information regarding Man Group PLC's position in Barratt Developments plc.