BNP Paribas SA has disclosed its position in Hipgnosis Songs Fund Limited, representing 2.56% of the ordinary shares. The disclosure, made on 3rd May 2024, indicates that BNP Paribas SA owns and/or controls 31,005,904 relevant securities and has short positions amounting to -5,989,949. Additionally, the disclosure includes details of cash-settled derivatives and stock-settled derivatives, as well as recent dealings in relevant securities.
The disclosure reveals that BNP Paribas SA has engaged in both purchases and sales of Hipgnosis Songs Fund Limited's ordinary shares. The company purchased 895 securities at a price of 1.0540 GBP per unit and sold -170,211 securities at the same price. Furthermore, BNP Paribas SA closed a short position in a cash-settled derivative transaction, involving 170,211 securities at a price of 1.0540 GBP per unit.
The disclosure also includes information about indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. Additionally, no supplemental Form 8 (Open Positions) is attached to the disclosure.
This disclosure provides valuable insight into BNP Paribas SA's position and dealings with Hipgnosis Songs Fund Limited, offering transparency and compliance with regulatory requirements.