Man Group PLC Public Disclosure on Barratt Developments
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code
1. KEY INFORMATION
(a) Full name of discloser: Man Group PLC
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Barratt Developments plc
(e) Date position held/dealing undertaken: The latest practicable date prior to the disclosure.
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
YES
Offeree: Redrow plc
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)
Class of relevant security: 10p ordinary
Relevant securities owned and/or controlled: 6,119,435 (0.63%)
Cash-settled derivatives:
11,224,192 (1.15%)
Short positions: 2,489,879 (0.26%)
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
(a) Purchases and sales
(b) Cash-settled derivative transactions
Class of relevant security: 10p ordinary
Product description: Equity Swap
Nature of dealing: Reducing a short position
Number of reference securities: 46
Price per unit: 5.484 GBP
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
(ii) Exercise
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
None
(b) Agreements, arrangements or understandings relating to options or derivatives
None
Frequently Asked Questions
What is the purpose of the public disclosure?
The public disclosure serves to inform the market of the interests held by shareholders in relevant securities.
Who is the discloser in this report?
The discloser in this report is Man Group PLC.
Which companies are involved in this document?
This document includes disclosures related to Barratt Developments plc and Redrow plc.
What types of securities are being reported on?
The report mentions interests in ordinary shares and cash-settled derivatives.
How can I contact the discloser for more information?
Contact can be made through Mackenzie Terry at +442071441555.
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/