Man Group PLC Disclosures Under the Takeover Code
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE
FOR PERSON HOLDING 1% OR MORE IN RELEVANT SECURITIES
Rule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION
(a) Full name of discloser: Man Group PLC
(b) Owner or controller of interests disclosed: Not applicable.
(c) Offeror/offeree related to this disclosure: AngloGold Ashanti plc
(d) Exempt fund manager status, if applicable: Not applicable.
(e) Date position held: Prior to disclosure.
(f) Is the discloser reporting on any other parties involved? YES – The offeree includes Centamin plc.
Positions Held By Man Group PLC
2. POSITIONS OF DISCLOSER
This disclosure includes interests or rights in the relevant securities of the specified party.
(a) Interests and short positions in relevant securities:
Class of relevant security: USD 1 ordinary
Interests: 225,302 shares (0.05%)
Short positions: 1,227,873 shares (0.29%)
Rights to subscribe for new securities (if any):
Class of security concerning subscription rights: Not applicable.
Details of Recent Dealings
3. DEALINGS BY DISCLOSER
(a) Purchases and sales:
Class of relevant security
Transaction Type
Number of securities / Price per unit
USD 1 ordinary
Purchase: 1,075 shares at 27.95 USD
Purchase: 35 shares at 28.49 USD
Purchase: 22,271 shares at 28.37 USD
Sale: 1,800 shares at 28.39 USD
Sale: 500 shares at 28.39 USD
Sale: 3,700 shares at 28.39 USD
(b) Cash-settled derivative transactions:
Class of relevant security: USD 1 ordinary
Nature of dealing: Various transactions aimed at increasing both long and short positions.
Other Relevant Information
4. OTHER INFORMATION
(a) Indemnity and other arrangements: None reported.
(b) Agreements relating to options or derivatives: None reported.
(c) Attachments: No Supplemental Form 8 is attached.
Contact Information:
Name: Mackenzie Terry
Telephone Number: +442071441555
If you need more details regarding public disclosures under Rule 8 of the Code, please reach out to the Panel’s Market Surveillance Unit.
Frequently Asked Questions
What is the significance of the Form 8.3 filing?
The Form 8.3 filing plays a crucial role as it publicly reveals interests in relevant securities, enhancing transparency in market transactions.
Who exactly is Man Group PLC?
Man Group PLC is an investment management company that specializes in alternative investment strategies.
What does the 1% disclosure threshold mean?
A disclosure of 1% or more signifies a substantial ownership or interest in a company's securities, which can influence market perceptions and investment choices.
What is AngloGold Ashanti plc recognized for?
AngloGold Ashanti plc is a well-known global gold mining company that boasts a diverse array of assets, primarily focusing on gold production and exploration.
Why do investment firms buy and sell shares?
Investment firms, like Man Group PLC, engage in buying and selling shares to effectively manage their portfolios and strive to maximize returns for their clients.