Jefferies International Limited has made an amendment to the public opening position disclosure/dealing disclosure by an exempt principal trader without recognized intermediary ("RI") status for Hipgnosis Songs Fund Limited. The disclosure includes key information such as the name of the exempt principal trader, the offeror/offeree, and the party to the offer with which the exempt principal trader is connected. The date of the position held/dealing undertaken is also provided, which was 24th April 2024.
The positions of the exempt principal trader in the relevant securities of Hipgnosis Songs Fund Limited following the dealing include interests and short positions in the 1p ordinary class of relevant security. This includes 12,464,529 relevant securities owned and/or controlled, as well as cash-settled derivatives and stock-settled derivatives. The disclosure also mentions the rights to subscribe for new securities, including directors' and other employee options.
The dealings by the exempt principal trader include purchases and sales of the 10p ordinary class of relevant security. This involves a purchase of 4,616,448 securities and a sale of 7,354,280 securities, with the highest and lowest price per unit paid/received provided. Additionally, the disclosure includes cash-settled derivative transactions and stock-settled derivative transactions, along with other dealings, such as subscribing for new securities.
Furthermore, the disclosure states that there are no indemnity and other dealing arrangements, as well as no agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no supplemental Form 8 (Open Positions) is attached to the disclosure.
The contact name and telephone number for further information are provided, along with the date of disclosure. The disclosure emphasizes that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and that the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.
In summary, the disclosure by Jefferies International Limited provides detailed information about its positions, dealings, and other relevant information regarding Hipgnosis Songs Fund Limited, in compliance with the regulatory requirements.