Opening Position Disclosure of Man Group PLC
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION
(a) Full name of discloser: Man Group PLC
(c) Name of offeror/offeree: LondonMetric Property plc
(e) Date position held: Latest practicable date prior to the disclosure
22/04/2025
(f) Discloser making disclosures in respect of any other party:
YES
Offeree: Urban Logistics REIT plc
2. POSITION OF THE PERSON MAKING THE DISCLOSURE
Disclosure relates to positions or rights pertaining to more than one class of relevant securities.
(a) Interests and short positions in relevant securities:
Class of relevant security:
10p ordinary
Interests:
Number: 15,348,100
%: 0.75
Short positions:
Number: N/A
%: N/A
Total Interests:
23,363,063
%: 1.14
3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE
(a) Purchases and sales
(b) Cash-settled derivative transactions
Class of relevant security: 10p ordinary
Product description: Equity Swap
Nature of dealing: Reducing a short position
Number of reference securities: 258,719
Price per unit: 1.914 GBP
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements:
None
(b) Agreements, arrangements or understandings relating to options or derivatives:
None
(c) Attachments:
Is a Supplemental Form 8 attached? NO
| Date of disclosure: | 23/04/2025 |
| Contact name: | Mackenzie Terry |
| Telephone number: | +442071441555 |
The Code’s disclosure requirements must be consulted on relevant regulatory platforms.
Frequently Asked Questions
1. What is the significance of Man Group's disclosure?
Man Group PLC's disclosure under Rule 8 of the Takeover Code showcases their substantial stake in LondonMetric Property plc, indicating a strong investment strategy.
2. Who is the offeree in this disclosure?
The offeree mentioned in this disclosure related to the interests of Man Group is Urban Logistics REIT plc.
3. When was the position held?
The position was held as of April 22, 2025, prior to the disclosure date.
4. What type of securities are involved?
The relevant securities involved are 10p ordinary shares of LondonMetric Property plc.
5. How can I contact Man Group for more information?
You can contact Mackenzie Terry at Man Group PLC at the provided telephone number +442071441555.