Millennium International Management LP has disclosed a 1.531% stake in Hipgnosis Songs Fund Limited, as of June 27, 2024. The disclosure includes 18,510,005 cash-settled derivatives. The transactions involve increasing a long position in equity swaps for the relevant securities. No other parties are involved in the disclosures. The information is in compliance with Rule 8.3 of the Takeover Code.
The disclosure does not include any indemnity or option arrangements. It provides a detailed breakdown of the interests and short positions in the relevant securities, as well as the dealings by the person making the disclosure. The disclosed stake and transactions are in line with the regulatory requirements for public opening position disclosure and dealing disclosure.
This disclosure by Millennium International Management LP provides transparency about its stake in Hipgnosis Songs Fund Limited and its recent dealings with the relevant securities. It offers valuable insights for investors and market participants regarding the ownership and control of interests in the company.