Alpine Associates Management Inc. has disclosed a 1.30% interest in Hipgnosis Songs Fund Limited, as of April 22nd, 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes 15,700,000 cash-settled derivatives, representing the mentioned interest. Additionally, the disclosure indicates an increase in a long position through a cash-settled derivative transaction involving 2,000,000 ordinary securities at a price of 1.2543 USD per unit.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no Supplemental Form 8 (Open Positions) is attached to the disclosure. The contact person for the disclosure is Todd Mason, with a telephone number of 1-561-834-6550.
This disclosure provides insight into Alpine Associates Management Inc.'s position and dealings with Hipgnosis Songs Fund Limited, offering transparency in line with regulatory requirements.