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 includes the full name of the discloser, Man Group PLC, and the relevant securities owned and/or controlled. Man Group PLC holds 6,529,115 10p ordinary shares, representing 0.67% of the total shares. Additionally, they have cash-settled derivatives and stock-settled derivatives in relation to Barratt Developments plc.
The disclosure also includes details of dealings, such as purchases and sales, cash-settled derivative transactions, and stock-settled derivative transactions. For instance, Man Group PLC has engaged in reducing short and long positions, as well as increasing a long position through equity swaps at various prices per unit.
The disclosure provides comprehensive information about Man Group PLC's interests and dealings in Barratt Developments plc, as required by the Takeover Code. This information is crucial for transparency and regulatory compliance in the context of relevant securities and their ownership or control by significant stakeholders in the company.