Glazer Capital, LLC has disclosed its ownership and dealings with Hipgnosis Songs Fund Limited, representing 7.03% ownership of the company's relevant securities. The disclosure, made on July 22, 2024, reveals that Glazer Capital, LLC owns 84,948,880 ordinary shares and controls 34,167,011 derivatives, totaling 119,115,891 relevant securities. Additionally, the disclosure includes the purchase of 115,000 ordinary shares at a price of 1.30 USD per unit.
The disclosure also indicates that there are no indemnity or dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form for open positions is attached to the disclosure. The information was disclosed in accordance with Rule 8.3 of the Takeover Code.
This disclosure provides valuable insights into Glazer Capital, LLC's significant ownership and dealings with Hipgnosis Songs Fund Limited, offering transparency to the market and stakeholders. It also serves as an important regulatory requirement for the company's public disclosures.