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Man Group discloses 1% Gamma Communications stake in Form 8.3 filing
Man Group filed a 1.02% interest in Gamma Communications under Takeover Code Rule 8.3. The filing covers positions in the cloud services firm's relevant securities with no deal price specified.
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Man Group PLC disclosed a 1.02% interest in Gamma Communications Plc on Tuesday, according to a Form 8.3 filing with the Takeover Panel.
The filing, required under Rule 8.3 of the UK Takeover Code, covers positions and dealings in Gamma Communications' relevant securities. It lists the date of disclosure as the latest practicable date prior to the filing, with no specific deal price or transaction volume included in the public document.
The form notes that Man Group, a London-listed hedge fund, holds the interest through its managed accounts and funds. The disclosure format follows the standard template for persons with 1% or more of relevant securities, including a table for class of relevant security, interests, short positions, and rights to subscribe.