Jefferies International Limited, an exempt principal trader, has disclosed its position in Hipgnosis Songs Fund Limited in accordance with Rule 8.5 of the Takeover Code. As of the latest practicable date prior to the disclosure, Jefferies International Limited holds 6,573,866 1p ordinary shares, representing 0.543% of the total shares. Additionally, the trader holds 6,572,099 cash-settled derivatives, also amounting to 0.543% of the total shares.
The disclosed dealings by Jefferies International Limited include purchases and sales of 10p ordinary shares, with the highest price per unit paid at 102.8000 GBX and the lowest price per unit paid at 102.4000 GBX. The disclosure also includes details of cash-settled derivative transactions and stock-settled derivative transactions, as well as other relevant information.
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. No supplemental form is attached to the disclosure.
This disclosure provides transparency about Jefferies International Limited's position and dealings in Hipgnosis Songs Fund Limited, ensuring compliance with the regulatory requirements of the Code. It offers valuable information for stakeholders and the market regarding the trading activities related to the company's securities.