Jefferies International Limited has disclosed its position in Hipgnosis Songs Fund Limited, as of 3rd May 2024. The exempt principal trader revealed that it holds 10,026,031 relevant securities, representing 0.829%, and has cash-settled derivatives of 8,500,000 relevant securities, amounting to 0.703%. In total, the disclosed interests and short positions amount to 18,526,031 relevant securities, which is 1.532% of the total. The trader also detailed its dealings, including purchases and sales of 10p ordinary shares.
The disclosed information also includes details of cash-settled derivative transactions and stock-settled derivative transactions, including options. The disclosure further states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure.
This disclosure provides transparency regarding Jefferies International Limited's position and dealings with Hipgnosis Songs Fund Limited, in compliance with Rule 8 of the Takeover Code. The information is aimed at ensuring that all relevant parties and regulatory bodies are informed about the trader's activities and positions in the company.