BNP Paribas SA has disclosed its position and dealings in Hipgnosis Songs Fund Limited's securities. As of 9th May 2024, BNP Paribas SA holds 2.23% of the ordinary shares of Hipgnosis Songs Fund Limited, amounting to 26,932,961 shares. Additionally, they have cash-settled derivatives and have been involved in various transactions, including sales and purchases of Hipgnosis Songs Fund Limited's securities.
In terms of dealings, BNP Paribas SA has engaged in the sale of 328,528 securities at a price of 1.0200 GBP per unit, as well as the purchase of 447 securities at the same price. They have also been involved in cash-settled derivative transactions, including closing short positions and increasing long positions.
The disclosure also mentions that there are no indemnity or other dealing arrangements between BNP Paribas SA and any party to the offer or any person acting in concert with a party to the offer. Furthermore, there are no agreements, arrangements, or understandings related to the voting rights of any relevant securities under a Hipgnosis Songs Fund Limited shareholder agreement.
This disclosure provides insight into BNP Paribas SA's significant holdings and transactions related to Hipgnosis Songs Fund Limited's securities, offering transparency to the market regarding their position and dealings.