Almitas Capital LLC has disclosed a 1.44% stake in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that Almitas Capital LLC owns 120,211 ordinary shares and controls 17,343,027 cash-settled derivatives, representing 1.43% of the total relevant securities. The disclosure also includes details of derivative transactions, such as a long sale of 2,500,000 ordinary shares at 104p per unit.

The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure.

The disclosure was made on 26th April 2024, and Timothy Deering is the contact person for any further inquiries regarding the disclosure.