Jefferies International Limited, an exempt principal trader, has made a public opening position disclosure and 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 date of the position held/dealing undertaken, interests and short positions in the relevant securities, and details of any open stock-settled derivative positions.
The disclosure reveals that Jefferies International Limited holds 2,103,601 relevant securities of Hipgnosis Songs Fund Limited, representing 0.174% of the total. Additionally, the trader has cash-settled derivatives amounting to 8,017,534, which is 0.663% of the total, and stock-settled derivatives totaling 10,121,135, representing 0.837% of the total.
In terms of dealings, Jefferies International Limited has conducted purchases and sales of 10p ordinary securities, with the highest price per unit paid at 101.8000 GBX and the lowest at 101.4000 GBX. The disclosure also includes details of cash-settled derivative transactions and stock-settled derivative transactions, providing a comprehensive overview of the trader's activities in relation to Hipgnosis Songs Fund Limited.
The disclosure further states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no supplemental form is attached to the disclosure.
This disclosure provides valuable insights into the position and dealings of Jefferies International Limited in relation to Hipgnosis Songs Fund Limited, offering transparency and relevant information to stakeholders and the market.