Hawksmoor Investment Management Ltd has disclosed a 1.30% stake in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that the company owns and/or controls 15,668,450 relevant securities of Hipgnosis Songs Fund Limited. Additionally, the disclosure includes details of a sale of 24,600 ordinary shares at a price of £1.007 per unit.
The disclosure also indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form 8 (open positions) is attached to the disclosure.
This disclosure provides valuable insight into the ownership and dealing activities of Hawksmoor Investment Management Ltd in relation to Hipgnosis Songs Fund Limited, offering transparency to the market and investors.