Man Group PLC Reveals Strategic Stake in Urban Logistics REIT
Key Disclosure from Man Group PLC
FORM 8.3
PUBLIC OPENING POSITION 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: Urban Logistics REIT plc
(e) Date position held: Latest practicable date prior to the disclosure.
Positions Held by Man Group PLC
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
Man Group PLC has made notable disclosures regarding their positions in the relevant securities of Urban Logistics REIT plc.
(a) Interests and short positions in the securities:
Class of relevant security: 1p ordinary shares
Total Interests: 11,125,994.00 (2.39%)
Cash-settled derivatives: Includes 1,534,286.00 interests (0.33%) and short positions of 3,860,417.00 (0.83%).
Dealings Conducted by Man Group PLC
3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE
In recent dealings, Man Group PLC has undertaken notable transactions in relevant securities through various means.
(a) Purchases and sales: Detailed prices and quantities of securities will be disclosed as per the requirements.
(b) Cash-settled derivative transactions: The nature of these transactions has involved reducing short positions.
Other Relevant Information
4. OTHER INFORMATION
Man Group PLC has confirmed that there are no indemnity arrangements or understanding that could interfere with the transparency of their dealings.
(a) Indemnity arrangements: None.
Contact Information
If additional information is required, contact can be made with:
Name: Mackenzie Terry
Telephone: +442071441555
Frequently Asked Questions
What does the disclosure by Man Group PLC signify?
This disclosure indicates Man Group PLC's substantial interest in Urban Logistics REIT, reflecting strategic investment trends in the real estate sector.
What type of securities is involved?
The disclosure covers 1p ordinary shares and interests in cash-settled derivatives.
Are there any short positions reported by Man Group PLC?
Yes, there are reported short positions amounting to 3,860,417.00 shares (0.83%).
Who should I contact for more details regarding this disclosure?
For more information, you can contact Mackenzie Terry at +442071441555.
What does this mean for Urban Logistics REIT?
This disclosure may suggest a positive growth trajectory for Urban Logistics REIT due to Man Group’s significant involvement.
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