Comprehensive Disclosure by Man Group PLC on Securities Holding
Overview of Man Group PLC's Securities Position
Man Group PLC is an established player in the investment management space, recognized for its diversified hedge fund strategies. In line with compliance regulations, the firm is required to disclose key information regarding its holdings and transactions relating to relevant securities. This disclosure serves to provide transparency to stakeholders, investors, and regulatory bodies regarding the company's interests and dealings in securities.
Key Information Regarding Securities Holding
The following details outline the essential information pertaining to Man Group PLC's interests and dealings in relevant securities. The full name of the discloser is noted as Man Group PLC, a company that actively engages with financial markets.
Identifying the Offeror/Offeree
In connection with the securities relevant to this disclosure, the offeror/offeree is identified as Dalata Hotel Group plc. It is essential to note these connections as they reflect potential influences on market behavior and stakeholder interests.
Interests and Short Positions
Man Group PLC has reported interests and short positions in the relevant securities associated with Dalata Hotel Group plc. These holdings are categorized and detailed in accordance with the prevailing regulations that govern securities disclosures.
Summary of Relevant Securities
As part of its disclosure, Man Group PLC has outlined significant holdings, which include 3,960,871 ordinary shares representing 1.87% of the total shares outstanding. Additionally, they hold cash-settled derivatives amounting to 1,257,627 shares, making up 0.59% of the total. These figures are crucial as they signify the firm’s investment strategy and risk management practices.
Details of Dealings
In compliance with disclosure requirements, the dealings conducted by Man Group PLC regarding the relevant securities have also been recorded. Notably, the company executed sales of 151,755 shares at a price of €5.250 per unit, alongside another sale of 50,585 shares at the same pricing. These transactions indicate active management of their holdings while navigating market conditions.
Cash-settled Derivative Transactions
Further to the direct trades of shares, Man Group PLC has engaged in cash-settled derivative transactions, applying sophisticated strategies to optimize their investment positions. These transactions further underscore the company’s commitment to managing risks linked to price volatility in financial markets.
Indemnity and Other Remunerations
In the context of additional arrangements, there have been disclosures regarding indemnities connected with relevant securities. Man Group PLC has stated that no formal or informal agreements exist that may influence their dealings.
Transparency in Options and Derivatives
Man Group PLC has also reported that there are no agreements relating to options or derivatives that might affect the underlying voting rights tied to relevant securities. This ensures that there are no undisclosed understandings that could influence market perceptions or regulatory compliance.
Final Steps and Contact Information
The disclosure prepared by Man Group PLC is in alignment with prevailing regulations under the Irish Takeover Panel Act. Stakeholders are encouraged to examine this information diligently to understand the company's market actions thoroughly.
Contact Information
For further inquiries, Mackenzie Terry is available at +442071441555. Transparency and communication are vital in maintaining trust within the investment community.
Frequently Asked Questions
What is the significance of Man Group PLC's disclosure?
The disclosure ensures transparency and compliance with regulatory requirements, providing stakeholders with insights into the company’s market activities and positions.
What types of securities does Man Group PLC hold?
Man Group PLC primarily holds ordinary shares and engages in cash-settled derivatives related to these securities.
How often are disclosures required?
Disclosures must be made automatically in response to holdings and dealings that meet or exceed set thresholds under regulatory frameworks.
Who should I contact for detailed information about disclosures?
Stakeholders can contact Mackenzie Terry at +442071441555 for detailed inquiries regarding the company’s disclosures.
What is the role of a Regulatory Information Service?
The service is responsible for disseminating essential market disclosures to ensure all market participants have equal access to information.
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