BNP Paribas SA has disclosed its position and dealings with Hipgnosis Songs Fund Limited's securities. As of July 3, 2024, BNP Paribas SA holds 4.75% of the ordinary shares of Hipgnosis Songs Fund Limited, amounting to 57,442,731 shares. Additionally, they have disclosed cash-settled derivatives and stock-settled derivatives, including options and agreements to purchase/sell. BNP Paribas SA has also engaged in various transactions, including sales and purchases of Hipgnosis Songs Fund Limited's securities.
In their dealings, BNP Paribas SA sold 7,170,850 securities at a price of 1.0220 GBP per unit and made several purchases at different prices. They also engaged in cash-settled derivative transactions, including increasing short positions. Furthermore, they conducted stock-settled derivative transactions, such as writing, purchasing, selling, and varying options. The disclosure also includes details of other dealings, including subscribing for new securities.
The disclosure provides comprehensive information about BNP Paribas SA's interests, short positions, and dealings with Hipgnosis Songs Fund Limited's securities. It outlines the number of securities, percentages, and prices per unit for various transactions. This disclosure offers transparency regarding BNP Paribas SA's involvement with Hipgnosis Songs Fund Limited's securities, in compliance with regulatory requirements.