Jefferies International Limited has made an amendment to its position disclosure for Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.5 of the Takeover Code, includes key information such as the name of the exempt principal trader, the offeror/offeree, and the party to the offer with which the exempt principal trader is connected. The disclosure also outlines the positions of the exempt principal trader, including interests and short positions in the relevant securities of Hipgnosis Songs Fund Limited.
The disclosure indicates that Jefferies International Limited holds 3,346,149 relevant securities and has cash-settled derivatives of 8,017,534, along with stock-settled derivatives. It also details dealings, including purchases and sales of 10p ordinary securities. The highest and lowest prices per unit paid/received are provided for transparency.
Furthermore, the disclosure includes information about indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. It also confirms that there are no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure concludes by confirming that no supplemental form is attached and provides the date of disclosure and contact information. It also includes the requirement for public disclosures under Rule 8 of the Code to be made to a Regulatory Information Service and provides contact information for the Panel's Market Surveillance Unit for consultation regarding the Code's disclosure requirements.