Kryger Capital Limited has disclosed a 6.02% stake in HIPGNOSIS SONGS FUND LTD. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that Kryger Capital Limited owns and/or controls 72,874,370 ordinary shares of HIPGNOSIS SONGS FUND LTD. The disclosure was made on 6th June 2024, and it includes details of purchases and sales of ordinary shares, with 640,766 shares purchased at a price of 101.1999 GBP per unit.
The disclosure also indicates that Kryger Capital Limited has not engaged in cash-settled derivative transactions or stock-settled derivative transactions related to HIPGNOSIS SONGS FUND LTD. Furthermore, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives disclosed in relation to HIPGNOSIS SONGS FUND LTD.
This disclosure provides valuable information about Kryger Capital Limited's significant stake in HIPGNOSIS SONGS FUND LTD, shedding light on the ownership and control of ordinary shares and the recent purchase of shares. It offers insights into the investment activities and positions of Kryger Capital Limited in relation to HIPGNOSIS SONGS FUND LTD, contributing to a better understanding of the company's shareholder landscape and potential market movements.