Man Group reports stakes in Vesuvius and Sthree under Rule 8.3

  • Man Group PLC disclosed Rule 8.3 positions in Vesuvius plc and Sthree plc.
  • Its Vesuvius interests totaled 6.44%, while its Sthree interests totaled 8.72%.
  • The filings reported share sales and equity swaps, with no related dealing or voting arrangements disclosed.

Man Group PLC reported positions in Vesuvius plc and Sthree plc through separate Form 8.3 disclosures under Rule 8.3 of the Takeover Code. For Vesuvius, its interests totaled 6.44%, comprising 14,992,023 shares and cash-settled derivatives referencing 999,258 shares, alongside a 0.18% short position; the filing also identified RHI Magnestia N.V. as an offeror. For Sthree, Man Group reported interests of 8.72%, comprising 6,699,267 securities owned or controlled and 3,927,942 securities referenced through cash-settled derivatives, alongside 11,597 short positions. The filings reported Vesuvius share sales and an equity-swap reduction, plus two Sthree equity-swap transactions, and stated that no indemnity, other dealing, voting-rights or derivative-linked acquisition and disposal arrangements were in place.

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