Kryger Capital Limited, a significant shareholder in HIPGNOSIS SONGS FUND LTD, has disclosed a 6.64% stake in the company. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that Kryger Capital Limited owns and/or controls 80,326,476 ordinary shares of HIPGNOSIS SONGS FUND LTD. The disclosure also includes recent purchases of HIPGNOSIS SONGS FUND LTD shares, with details of the number of securities and the price per unit.
The disclosure indicates that Kryger Capital Limited has made recent purchases of HIPGNOSIS SONGS FUND LTD ordinary shares, including 300,000 shares at 129.0523 USD per unit, 1,230,000 shares at 129.1996 USD per unit, 5,000,000 shares at 129.1993 USD per unit, and 13,138 shares at 101.8000 GBP per unit. The disclosure also includes information about the nature of the dealings, such as purchases, and the price per unit for each transaction.
The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure.
This disclosure provides valuable insight into Kryger Capital Limited's significant stake in HIPGNOSIS SONGS FUND LTD and recent purchases of the company's ordinary shares. It offers transparency regarding the ownership and control of relevant securities and the recent dealings by Kryger Capital Limited in relation to HIPGNOSIS SONGS FUND LTD.