Man Group PLC Updates on Aviva plc Position and Trading Activity
Key Information on Man Group PLC's Trading Position
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
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: Aviva plc
(e) Date position held/dealing undertaken: Subsequent to the reporting period, recent data indicates ongoing engagements.
(f) Additional disclosures: Yes, Man Group PLC is also making disclosures relating to Direct Line Insurance Group plc.
Positions Held by Man Group PLC
The table below provides insights into the interests and short positions in the relevant securities:
Class of relevant security: 32 17/19p ordinary |
Relevant securities owned and/or controlled: 12,193,987 shares (0.46%) |
Cash-settled derivatives: 11,328,703 shares (0.42%) |
Stock-settled derivatives: 4,913,000 shares (0.18%) |
Trading Activities of Man Group PLC
Man Group PLC has actively engaged in the market, detailing various transactions and positions:
Class of relevant security | Purchase/Sale | Number of securities | Price per unit |
---|---|---|---|
32 17/19p ordinary | Purchase | 1,200 | 4.804 GBP |
32 17/19p ordinary | Sale | 2,000 | 4.804 GBP |
Other Information and Agreements
The following provides details on arrangements related to the disclosures:
(a) Indemnity and other dealing arrangements: No arrangements noted.
(b) Agreements, arrangements or understandings relating to options or derivatives: No agreements of this nature were noted.
Conclusion
Man Group PLC continues to maintain a robust position in the market, particularly concerning its relevant interests in Aviva plc. Active trading, complemented by strategic positions, is expected to influence market dynamics positively.
Frequently Asked Questions
What does FORM 8.3 entail?
It provides a public disclosure regarding significant share interests held by individuals or entities.
Who is making the disclosure?
The discloser in this document is Man Group PLC.
What securities are primarily involved?
The securities involve 32 17/19p ordinary shares of Aviva plc.
Are there any other associated companies disclosed?
Yes, disclosures also include interests in Direct Line Insurance Group plc.
What is the significance of this disclosure?
This disclosure helps maintain transparency in market activities and assists investors in making informed decisions.
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