BNP Paribas SA has disclosed its position and dealings with Hipgnosis Songs Fund Limited. As of 26th July 2024, BNP Paribas SA holds 3,117,462 ordinary shares of Hipgnosis Songs Fund Limited, representing 0.26% of the total shares. Additionally, they have cash-settled derivatives with a short position of -3,063,023, amounting to -0.25% of the total shares. BNP Paribas SA has engaged in various transactions involving the purchase and sale of Hipgnosis Songs Fund Limited's securities, with prices per unit ranging from 1.0180 GBP to 1.0200 GBP.
Furthermore, BNP Paribas SA has conducted cash-settled derivative transactions, including reducing short positions in Hipgnosis Songs Fund Limited's securities. They have also been involved in stock-settled derivative transactions, although specific details of these transactions were not provided in the disclosure. The disclosure also mentions other dealings, such as subscribing for new securities, without providing specific details.
The disclosure does not include any indemnity or option arrangements, agreements, or understandings between BNP Paribas SA and any party related to Hipgnosis Songs Fund Limited. It also states that there are no irrevocable commitments or letters of intent in place.
This disclosure provides insight into BNP Paribas SA's significant ownership and dealings with Hipgnosis Songs Fund Limited, offering transparency regarding their positions and transactions involving the company's securities.