BNP Paribas SA has disclosed its position in Hipgnosis Songs Fund Limited, representing 5.25% of the ordinary shares. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, indicates that BNP Paribas SA holds 63,440,651 ordinary shares and has a short position of -8,783,945 shares. Additionally, the disclosure includes details of recent dealings in Hipgnosis Songs Fund Limited's securities, such as purchases and sales of ordinary shares at specific prices per unit.
The disclosure also outlines the absence of any indemnity or option arrangements related to relevant securities and confirms that no supplemental Form 8 (Open Positions) is attached. The disclosure was made on 26th June 2024 and is in compliance with the regulatory requirements for public disclosures under Rule 8 of the Code.
This public disclosure by BNP Paribas SA provides transparency regarding its significant position in Hipgnosis Songs Fund Limited and its recent dealings in the company's securities, offering valuable information to the market and investors.