Overview of the Disclosure
Man Group PLC has made public disclosures regarding its interests in relevant securities. This information is vital for stakeholders looking to understand recent dealings and positions related to Britvic plc.
Key Information
Discloser's Identity
The full name of the discloser is Man Group PLC, a well-known investment management firm. This disclosure highlights the firm’s commitment to transparency and responsible investing.
Details of the Offeror/Offeree
This disclosure pertains to interests and positions concerning Britvic plc, a leading soft drinks manufacturer. Investors should pay attention as these disclosures can influence market perception and stock performance.
Date of Position Held
Relevantly, the position was held as of the last practicable date, which is focused on maintaining accurate and timely information for all market participants. With regulatory compliance becoming increasingly critical, such disclosures ensure stakeholders receive relevant updates.
Positions of the Person Making the Disclosure
Interests in Relevant Securities
Man Group PLC reported its interests in Britvic plc's securities. They hold a notable position of 2,739,027 shares in cash-settled derivatives, narrowly positioning themselves with a 1.10% stake in this category.
Cash-Settled Derivatives Details
It’s essential to recognize the various categories involved. The cash-settled derivatives included 6,326 shares held, indicating a clear strategy regarding market trends and stock performance.
Recent Dealings by Man Group PLC
Purchases and Sales
In recent dealings, Man Group engaged in increasing its position in the equity swaps related to Britvic plc's shares. A total of 11,367 units were purchased at a price of 12.800 GBP per unit, indicating a serious commitment to enhancing their portfolio.
Other Stock-Settled Transactions
Man Group PLC further engaged in multiple stock-settled derivative transactions. Including options and agreements tailored to ensure effective management of their securities, showcasing their proactive approach in the market.
Final Remarks and Contact Information
This disclosure comes as part of the compliance measures needed under taking over regulations, ensuring all stakeholders are kept informed of significant developments within the companies they are invested in.
Contact Information
If further information is required, stakeholders can contact Mackenzie Terry at Man Group PLC. The direct line for inquiries is +442071441555.
Frequently Asked Questions
1. What is the purpose of this disclosure?
The disclosure serves to inform stakeholders about Man Group PLC's interests and positions in Britvic plc's securities.
2. How many shares does Man Group hold in Britvic plc?
Man Group holds 2,739,027 shares in cash-settled derivatives related to Britvic plc.
3. What was the price per unit for recent equity swaps?
The recent price for equity swaps was 12.800 GBP per unit.
4. Who can I contact for additional information?
Mackenzie Terry is the contact person at Man Group PLC, available at +442071441555.
5. Why are these disclosures important?
Such disclosures are crucial for market transparency and help stakeholders make informed investment decisions based on the disclosed positions and interests.
