Man Group discloses stake in Gamma Communications
News provided byGamma Communications Plc · 1 min read
Man Group plc disclosed its position in Gamma Communications plc under Rule 8.3 of the Takeover Code, detailing its financial stake and any dealings in the company's securities.
According to the disclosure, Man Group plc holds specific interests in Gamma Communications plc, which are subject to the Takeover Code. The company is required to report any positions or rights to subscribe to relevant securities, as well as any open stock-settled derivative positions or agreements to purchase or sell these securities.
Man Group plc did not engage in any dealings in Gamma Communications plc securities during the period covered by this disclosure. The report specifies that all interests and short positions have been disclosed, and any open stock-settled derivative positions, if applicable, would be reported through a Supplemental Form 8.
The disclosure also highlights the importance of public transparency under Rule 8 of the Code, which mandates that such reports be submitted to a Regulatory Information Service. Interested parties can seek further guidance from the Panel's Market Surveillance Unit, which can be contacted at +44 (0)20 7638 0129.