Jefferies International Limited has disclosed its position in Hipgnosis Songs Fund Limited in accordance with Rule 8.5 of the Takeover Code. As of the latest practicable date prior to the disclosure, Jefferies International Limited holds 6,572,099 1p ordinary shares, representing 0.543% of the total. The exempt principal trader has also engaged in purchases and sales of 10p ordinary shares, with 300 securities bought and 300 securities sold at varying prices. No indemnity or other dealing arrangements were reported, and there are no attachments to the disclosure.
This disclosure provides insight into Jefferies International Limited's holdings and dealings with Hipgnosis Songs Fund Limited. It offers transparency regarding the exempt principal trader's interests, short positions, and transactions involving relevant securities. The information presented aligns with regulatory requirements and contributes to a comprehensive understanding of the company's involvement with the offeror/offeree.
The disclosed details, including the number of securities held, percentage ownership, and specific transactions, contribute to a clearer picture of Jefferies International Limited's activities related to Hipgnosis Songs Fund Limited. The absence of indemnity or other dealing arrangements, as well as the lack of attachments to the disclosure, further underscores the transparency and completeness of the provided information.
Overall, this disclosure by Jefferies International Limited enhances transparency and understanding of its position and dealings with Hipgnosis Songs Fund Limited, providing valuable information for stakeholders and market observers. The comprehensive nature of the disclosure, in compliance with regulatory requirements, contributes to a more informed and transparent market environment.