J.P. Morgan SE has made a public opening position disclosure/dealing disclosure in relation to Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.5 of the Takeover Code, includes key information such as the name of the exempt principal trader, the offeror/offeree, and the date of the position held/dealing undertaken, which was 25 April 2024.
The disclosure reveals that J.P. Morgan SE has no interests or short positions in the relevant securities of Hipgnosis Songs Fund Limited following the dealing. However, it does show cash-settled derivatives with 118,916 in number, representing 0.01%. The form also includes details of purchases and sales of ordinary securities, with 4,000 securities both purchased and sold at a price of 1.0360 GBP per unit.
Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no supplemental form is attached to the disclosure.
The disclosure was made on 26 April 2024, and the contact person for the disclosure is Natasha Mondon, with a telephone number of 01202 325175. It also includes information on where public disclosures under Rule 8 of the Code must be made and where to consult for the Code's disclosure requirements.
This disclosure provides transparency regarding J.P. Morgan SE's position in Hipgnosis Songs Fund Limited and its dealings with the company's securities, in compliance with the regulatory requirements.