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Man Group PLC Updates Stake in Aviva plc - SEC Filing

Man Group PLC Updates Stake in Aviva plc - SEC Filing

Key Information Summary

FORM 8.3

Public Display of Interest
A person holding interests representing 1% or more of relevant securities is required to disclose.

1. Key Information

(a) Full Name of Discloser: Man Group PLC

(c) Name of Offeror/Offeree: Aviva plc

(e) Position Held: Latest date prior to the disclosure is noted.

(f) Disclosures for Other Parties: A connection is noted with Direct Line Insurance Group plc.

Understanding the Positions

2. Positions of Person Making the Disclosure

Disclosure includes interests and short positions in securities of the offeror or offeree. Emphasis on the necessity to disclose all relevant security interests transparently.

(1) Relevant Securities Owned: 12,205,387 shares indicating a 0.46% ownership.

(2) Cash-Settled Derivatives: 11,204,346 shares owned with a percentage representation of 0.42%.

Total Ownership: Cumulative interest in relevant securities is 23,409,733 representing approximately 0.87% ownership.

Dealings by the Discloser

3. Dealings (if any) by the Person Making the Disclosure

Purchases and sales are documented including increases in short positions through equity swaps.

Nature of Transactions: Transactions classified under various categories with stated increases in short positions in options at specified prices.

Additional Information

4. Other Information

(a) Indemnity Arrangements: Statement of no existing indemnity or option arrangements that could influence dealings.

(b) Understanding Derivative Agreements: No formal agreements impacting voting rights of relevant securities stated.

5. Contact Information

Name: Mackenzie Terry

Telephone Number: +442071441555

Frequently Asked Questions

What is Form 8.3?

Form 8.3 is a public disclosure required by the UK Takeover Code from persons who hold an interest of 1% or more in relevant securities.

Who is Man Group PLC?

Man Group PLC is an investment management firm that provides investment solutions to clients globally.

What does the disclosure indicate about Man Group's interests?

The disclosures indicate significant interests in Aviva plc as part of ongoing regulatory requirements.

What is the significance of ownership percentages?

Ownership percentages indicate the level of control and influence a shareholder has in a company, impacting decisions and votes.

How can I contact Man Group PLC for more information?

You can reach out to Mackenzie Terry at +442071441555 for any inquiries related to Man Group PLC's disclosures.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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