Bain Capital Partnership Strategies Management, LLC has disclosed a 2.70% interest in Hipgnosis Songs Fund Limited, representing 32,669,054 relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, also includes details of the recent dealings by Bain Capital, which involved the sale of 2,000,000 ordinary shares at GBP 1.0481 per unit and 1,000,000 ordinary shares at GBP 1.0479 per unit.
The disclosure does not include any cash-settled derivatives or stock-settled derivatives transactions. Additionally, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives disclosed in connection with this position.
This disclosure provides insight into the significant interest held by Bain Capital Partnership Strategies Management, LLC in Hipgnosis Songs Fund Limited and their recent dealings with the company's securities. It offers transparency in accordance with the regulatory requirements under the Takeover Code.