Jefferies International Limited has disclosed its position in Hipgnosis Songs Fund Limited, as per the requirements of Rule 8.5 of the Takeover Code. The disclosure, dated 3rd May 2024, reveals that Jefferies International Limited holds 10,026,031 relevant securities of 1p ordinary shares, representing 0.829% of the total. Additionally, the company holds cash-settled derivatives amounting to 8,500,000, which accounts for 0.703% of the total. The total interests and short positions held by Jefferies International Limited amount to 18,526,031, which is 1.532% of the total.
The disclosure also includes details of dealings by the exempt principal trader. It shows purchases and sales of 10p ordinary shares, with 8,791,674 securities purchased and 8,828,465 securities sold. The highest and lowest prices per unit paid or received for these transactions are also provided.
Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between Jefferies International Limited and any other party.
The disclosure is in compliance with the regulatory requirements and provides transparency regarding Jefferies International Limited's position in Hipgnosis Songs Fund Limited. It offers valuable insights into the company's holdings and dealings, contributing to a better understanding of the market dynamics and the positions of key players within it.