BNP Paribas SA has disclosed its position in Hipgnosis Songs Fund Limited, revealing ownership and control of 5.24% of the ordinary shares. The disclosure, made on 20th June 2024, also includes details of cash-settled derivatives and stock-settled derivatives. The disclosure further indicates purchases and sales of relevant securities, with 760 securities purchased at 1.0200 GBP per unit and 303 securities sold at 1.0220 GBP per unit.
The disclosure by BNP Paribas SA also includes details of cash-settled derivative transactions and stock-settled derivative transactions, including options. Additionally, the disclosure mentions other dealings, such as subscribing for new securities. Notably, the disclosure states that there are no indemnity or other dealing arrangements in place.
This disclosure provides valuable insight into BNP Paribas SA's significant interest in Hipgnosis Songs Fund Limited and its recent dealings with the company's securities. It offers transparency regarding the ownership and control of relevant securities, as well as the nature of the transactions undertaken. This information is essential for stakeholders and the market to understand the dynamics of ownership and trading activities involving Hipgnosis Songs Fund Limited's securities.