J.P. Morgan Securities Plc, as the Sole Financial Adviser to Concord Chorus Limited, made a public dealing disclosure in relation to Hipgnosis Songs Fund Limited. The disclosure, made on 24th April 2024, included purchases and sales of 3,891,391 and 227,715 ordinary shares, respectively, at prices ranging from 1.0160 GBP to 1.0100 GBP per unit. The disclosure also confirmed that there were no indemnity or other dealing arrangements, agreements, or understandings relating to options or derivatives.
The disclosure provides insight into the recent trading activity involving Hipgnosis Songs Fund Limited's securities by J.P. Morgan Securities Plc. It indicates the volume of shares bought and sold, along with the corresponding prices per unit. Additionally, the absence of indemnity or other dealing arrangements, agreements, or understandings relating to options or derivatives suggests transparency and adherence to regulatory requirements in the trading activities. This public disclosure is in line with the Code's dealing disclosure requirements and provides valuable information to stakeholders and investors.