Trium Capital LLP has disclosed a 1.17% stake in HIPGNOSIS SONGS FUND LIMITED, as of 11th July 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. Trium Capital LLP revealed ownership and control of 14,241,254 ordinary shares, along with cash-settled derivatives. The disclosure also included details of a cash-settled derivative transaction involving an increase in the long position with 378,668 reference securities at a price of GBP 1.011 per unit.
The disclosure did not include any indemnity or other dealing arrangements, and there were no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form was attached to the disclosure. The contact person for the disclosure is Andrew Crick, with a telephone number provided for further inquiries.
This disclosure provides insight into Trium Capital LLP's significant stake in HIPGNOSIS SONGS FUND LIMITED, offering transparency to the market and stakeholders. It also indicates the confidence and interest of Trium Capital LLP in the company's future prospects.