Capula Investment Management LLP has disclosed a 0.98% interest in Hipgnosis Songs Fund Ltd. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Capula Investment Management LLP holds 11,955,000 ordinary shares in Hipgnosis Songs Fund Ltd. Additionally, the disclosure includes details of cash-settled derivative transactions, with 350,000 securities being involved in a reducing long position equity swap at a price of 1.296 USD per unit.
The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form 8 (open positions) is attached to the disclosure. The date of disclosure is 05/06/2024, and the contact name provided is Michelle Bedwin with a telephone number of 020 7071 0900.
This disclosure is in compliance with the regulatory requirements of the Code and provides transparency regarding Capula Investment Management LLP's interests and dealings in Hipgnosis Songs Fund Ltd.