J.P. Morgan Securities Plc has disclosed its public dealing activities in relation to Hipgnosis Songs Fund Limited. The dealings, undertaken on 19 April 2024, include purchases and sales of ordinary shares, as well as cash-settled derivative transactions. The purchases and sales of ordinary shares amounted to 6,063,693 and 1,533,942 securities, respectively, with prices ranging from 0.9152 GBP to 0.9190 GBP per unit. Additionally, cash-settled derivative transactions were conducted, involving a decrease in long and short positions for a total of 874,675 reference securities.
The disclosure also includes information on indemnity and other dealing arrangements, with J.P. Morgan Securities Plc stating that there are no such agreements, arrangements, or understandings. Furthermore, there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 24 April 2024, and the contact person for further information is Natasha Mondon, reachable at 01202 325175.
This disclosure provides insight into the recent trading activities of J.P. Morgan Securities Plc in relation to Hipgnosis Songs Fund Limited, offering transparency and visibility into the market transactions involving the company's securities.