Vesuvius PLCLSE: VSVS

Man Group PLC: Form 8.3 - Vesuvius Plc

· Issued by Vesuvius PLC via GlobeNewswire

Summary by 6ix AI

Man Group PLC disclosed that, after selling Vesuvius plc shares, it held interests in 14,959,431 Vesuvius plc 10p ordinary shares, or 6.02%, as of October 9, 2026, under Rule 8.3 of the Takeover Code, the UK rules requiring holders of 1% or more of a company involved in a takeover offer to report their positions and dealings.

Key details

  • Man Group PLC reported two sales on October 9, 2026: 205,394 shares at 4.6529 GBP each and 205,394 shares at 4.6893 GBP each.
  • The interests were made up of 13,965,573 shares owned or controlled (5.62%) and cash-settled derivatives, which are contracts settled in cash rather than shares, over 993,858 shares (0.40%).
  • Man Group PLC also held a short position, a position that gains if the share price falls, of 499,224 shares (0.20%) through cash-settled derivatives.
  • Man Group PLC said it is also making disclosures for RHI Magnestia N.V., named as an offeror, or bidder, in the offer relating to Vesuvius plc.
  • Man Group PLC reported no indemnity, option or other dealing arrangements relating to the securities.

6ix AI wrote this summary from the release below and checked it against the release.

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
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
(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
 
(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
        Use a separate form for each offeror/offeree
Vesuvius plc
(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: 
(e)   Date position held/dealing undertaken:
        For an opening position disclosure, state the latest practicable date prior to the disclosure
09/10/2026
(f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?YES
Offeror: RHI Magnestia N.V.

2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:
10p ordinary
 Interests
Short positions
Number%Number%
(1)   Relevant securities owned and/or controlled:13,965,5735.62  
(2)   Cash-settled derivatives:
993,8580.40499,2240.20
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:    

        TOTAL:
14,959,4316.02499,2240.20

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)      Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists: 
Details, including nature of the rights concerned and relevant percentages: 

3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant securityPurchase/sale
Number of securitiesPrice per unit
10p ordinarySale205,3944.6529 GBP
10p ordinarySale205,3944.6893 GBP

(b)        Cash-settled derivative transactions

Class of relevant securityProduct description
e.g. CFD
Nature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short position
Number of reference securitiesPrice per unit

        
(c)        Stock-settled derivative transactions (including options)

(i)        Writing, selling, purchasing or varying

Class of relevant securityProduct description e.g. call optionWriting, purchasing, selling, varying etc.Number of securities to which option relatesExercise price per unitType
e.g. American, European etc.
Expiry dateOption money paid/ received per unit

(ii)        Exercise

Class of relevant securityProduct description
e.g. call option
Exercising/ exercised againstNumber of securitiesExercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant securityNature of dealing
e.g. subscription, conversion
DetailsPrice per unit (if applicable)

4.        OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i)   the voting rights of any relevant securities under any option; or
(ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?NO
Date of disclosure:12/10/2026
Contact name:Molly Childs
Telephone number:+44 20 7144 3714

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.


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