Decagon Asset Management LLP has disclosed a 1.6331% stake in Hipgnosis Songs Fund Limited. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes interests and short positions in the relevant securities of Hipgnosis Songs Fund Limited. Decagon Asset Management LLP holds 19,747,205 cash-settled derivatives, representing 1.6331% of the total relevant securities.
The disclosure also includes details of dealings by Decagon Asset Management LLP. This involves purchases of 1p Ordinary securities through cash-settled derivative transactions. The transactions include increasing a long position with varying prices per unit.
Furthermore, the disclosure states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure.
The disclosure was made on 25th June 2024, and the contact person for the disclosure is Liam Bennett, with a telephone number of +44 203 148 2243. Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.