Man Group PLC Discloses Significant Holdings in AngloGold Ashanti
Comprehensive Disclosure by Man Group PLC
In a detailed disclosure, Man Group PLC lays out significant positions and dealings regarding its interests in AngloGold Ashanti plc. Governed by Rule 8.3 of the Takeover Code, such disclosures ensure transparency for shareholders and the market at large, especially when a party holds a relevant interest exceeding one percent.
Key Information About the Disclosure
The disclosure begins with critical details regarding Man Group PLC. As the disclosing party, they confirm their holdings and interests in the securities related to AngloGold Ashanti plc. This information is crucial for investors evaluating the company’s involvement and influence in the market.
Full Name of the Discloser
Man Group PLC leads this endeavor, making it clear that they are committed to transparency, specifically regarding their substantial interests in the mining sector.
Details of Relevant Securities
When discussing relevant securities owned, Man Group PLC lists a total of 725,354 shares, which accounts for 0.17% of the securities held. In addition, short positions amount to 650,176 shares, reflecting 0.15% of the overall holdings. This balance provides insights into their market strategies and positions.
Nature of Dealing and Transaction Details
The latest dealings by Man Group include multiple purchases of AngloGold shares, indicating the firm’s growth strategy and confidence in the mining sector's performance. Specific transactions detail varying purchase amounts at different pricing, showcasing an active trading strategy.
Specific Transactions
Recently, Man Group made several notable purchases of USD 1 ordinary shares. Transactions include the acquisition of six shares at a price of 26.760 USD and an additional 84,607 shares at 26.724 USD. Details like these underline the firm’s proactive engagement within the market.
Cash-Settled Derivative Transactions
Furthermore, the reporting covers cash-settled derivatives showing instances of both increasing and reducing short positions. Such maneuvers exemplify Man Group's agile trading tactics, adjusting their strategies in response to market dynamics.
Rights and Other Dealings
In addition to equity interests, the disclosure elaborates on rights related to new securities, further indicating Man Group’s comprehensive engagement with AngloGold Ashanti. However, as noted, there are currently no additional derivative instruments or outstanding options attached.
Indemnity Arrangements
The disclosure clarifies that there are no existing indemnity arrangements or agreements impacting dealings, maintaining adherence to ethical and regulatory standards in market conduct.
Updates on Disclosure Dates and Company Contact
As part of their obligations, the firm provided a clear date of disclosure, affirming compliance with regulatory mandates. The contact person for any inquiries is Mackenzie Terry, who is reachable at +442071441555, ensuring that stakeholder questions and clarifications can be effectively addressed.
Frequently Asked Questions
What is the significance of Man Group's disclosure?
The disclosure provides transparency and insight into their investment strategy, offering investors crucial information about their holdings and market positions.
How much does Man Group hold in AngloGold Ashanti?
Man Group currently holds 725,354 shares of AngloGold Ashanti, which represents 0.17% of the total securities.
What type of transactions has Man Group engaged in?
Man Group has actively purchased shares of AngloGold Ashanti, reflecting their confidence in the company's direction and market opportunities.
Who can I contact for more information regarding the disclosure?
Mackenzie Terry is the designated contact person available at +442071441555 for any questions related to the disclosure.
Are there any indemnity arrangements in place for these transactions?
No, the disclosure states that there are no indemnity arrangements or agreements impacting these dealings.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Innovative Student Entrepreneur Wins National Challenge in NYC
- Festi hf. Welcomes New Managing Director to Executive Team
- Recent Developments Boost Symbotic Stock Performance Significantly
- Tevogen Bio Advances Cancer Treatments with Innovative Technology
- Understanding the Class Action Against Super Micro Computer Inc.
- Universal Robots Advances Cobot Welding Technology for All
- Emerging Threat: The Rise of Counterfeit Weight Loss Drugs
- Top Wealth Group Surges Following Public Offering Announcement
- Alliant Energy's Q3 2024 Earnings Release and Conference Call Details
- Discovering the Growth of Blackstone Investments Over Time
Recent Articles
- Important Updates for WisdomTree Gold 3x Daily Short Securities
- Bruker Unveils Innovative Spatial Biology Division to Drive Research
- Exploring PROTAC Therapy as a Game Changer for Lung Cancer
- Investors Alert: Class Action Against Extreme Networks, Inc.
- Grace Puma Whiteford Joins Philips 66 Board of Directors
- Investors Urged to Seek Legal Help in Super Micro Computer Case
- Virtus Investment Partners to Reveal Q3 2024 Results Soon
- MTY Food Group's Third Quarter 2024 Financial Performance
- Wells Fargo Q3 2024 Results Showcase Strong Financial Performance
- A. O. Smith Reports Third Quarter Results with Revised Outlook
- A. O. Smith Reports Quarterly Sales Decline and New EPS Guidance
- Discover Innovation at the Global Sources Consumer Electronics Shows
- Market Trends and Analyst Insights Ahead of Key Economic Reports
- Delta Air Lines Shares Surge as Optimism Grows for Recovery
- Mill Creek Residential Recognized Among Top Real Estate Managers
- Oppenheimer Affirms Positive Outlook for Perspective Therapeutics
- Unlocking AI Potential: Breach Secure Now's AIRIA for MSPs
- Symbotic Inc. Sees Promising Outlook Amidst Market Challenges
- Defense Metals Secures Funding to Propel Wicheeda Project Forward
- Alnylam Pharmaceuticals Sees Growth With New Insights on Amvuttra
- G Mining Ventures Welcomes Naguib Sawiris as Board Member
- NIO Stock Analysis: Earnings Estimates Adjusted, Future Growth Ahead
- OCI Global’s Strategic Move: Divestment of Fertiglobe Stake
- Baird Boosts eBay Price Target on Strong Growth Expectations
- Insightful Findings on gMG Treatments by UCB at AANEM 2024
- Venustech Stock Rating Revised: A Shift Toward Caution
- Rooter Hero Plumbing & Air Aids Local Senior with Toilets
- Baird Upholds Outperform Rating for Guidewire Software Inc.
- JANSON Advances International Strategy With New Army Contract
- Baird Affirms Strong Position for Lululemon's Future Growth
- Sirius XM Faces Target Price Cut, Yet Maintains Strong Buy Outlook
- JPMorgan Chase Experiences Profit Decline Amid Loan Loss Provisions
- Wells Fargo Faces Challenges as Profit Declines in Q3
- JPMorgan's Earnings Surprise Sparks Investor Enthusiasm
- Humana Faces Challenges as Medicare Issues Quality Ratings
- How China Trade Tensions Affect Automakers and TomTom
- Wells Fargo Celebrates Strong Earnings Growth Despite Revenue Blip
- Pivotal Research Boosts Amazon's Growth Forecast with $260 Target
- JPMorgan Chase Exceeds Expectations with Q3 Net Interest Income
- Revolutionizing Homeownership: Blocksquare and FractioneX Unite
- Exploring High-Yield Dividend Opportunities for Smart Investors
- Rupert Resources Achieves Milestone Financial Results
- BlackRock Increases Stake in DSV A/S: Key Shareholder Update
- Black Rifle Coffee Company Sets Earnings Call for Q3 2024
- Fastenal's 2024 Q3 Financial Performance Overview
- Future of Tesla's Autonomous Drive: Challenges and Innovations
- An Insightful Look into Acadia Healthcare's Current Challenges
- Black Rifle Coffee Company Reschedules Investor Day Event
- Understanding the ADMA Biologics Investigation and Stock Drop
- Dollar General Extends Support with $1 Million to Disaster Relief