Jefferies International Limited, an exempt principal trader, has disclosed its position in Hipgnosis Songs Fund Limited. As of April 23, 2024, Jefferies International Limited holds 12,702,361 relevant securities, representing 1.050% of the total. Additionally, they have cash-settled derivatives amounting to 6,300,000 and stock-settled derivatives totaling 19,002,361. The trader has engaged in both purchases and sales of 10p ordinary shares, with the highest price per unit paid at 102.4000 GBX and the lowest at 100.0000 GBX.
Furthermore, Jefferies International Limited has been involved in reducing short positions through cash-settled derivative transactions. The disclosure also states that there are no indemnity or option arrangements, agreements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure.
This disclosure provides insight into the position and dealings of Jefferies International Limited in relation to Hipgnosis Songs Fund Limited, offering transparency in compliance with the Code's disclosure requirements.