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. The form also details the interests and short positions in the relevant securities of Barratt Developments plc following the dealing. It includes information on cash-settled derivatives and stock-settled derivatives, as well as any other dealings by the person making the disclosure.
The disclosure indicates that Man Group PLC owns 7,768,336 10p ordinary shares of Barratt Developments plc, representing 0.80% of the total shares. Additionally, the form reveals cash-settled derivatives totaling 5,708,678 shares and stock-settled derivatives amounting to 13,477,014 shares. The form also provides details of various cash-settled derivative transactions, including the nature of dealing and the price per unit.
Furthermore, the disclosure states that there are no indemnity and other dealing arrangements, and no agreements, arrangements, or understandings relating to options or derivatives. The form provides a comprehensive overview of Man Group PLC's position and dealings in Barratt Developments plc, as required by Rule 8.3 of the Takeover Code.
This disclosure offers valuable insights into the ownership and trading activities of Man Group PLC in relation to Barratt Developments plc, providing transparency and relevant information for stakeholders and the market.