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 indicates that Man Group PLC holds 0.82% of the 10p ordinary shares of Barratt Developments plc, amounting to 7,977,703 securities. Additionally, they have cash-settled derivatives, representing 1.15% of the shares, and stock-settled derivatives totaling 1.97%. The disclosure also mentions dealings involving the purchase and sale of securities, as well as derivative transactions.
The disclosure does not include any indemnity or dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 19th August 2024 and is in compliance with the regulatory requirements.
This disclosure provides insights into Man Group PLC's holdings and dealings with Barratt Developments plc, offering transparency in line with regulatory obligations. It gives an overview of their interests, short positions, and dealings, contributing to a better understanding of the market dynamics and the relationships between the involved parties.