Singer Capital Markets Securities Ltd, an exempt principal trader, disclosed dealings in HIPGNOSIS SONGS FUND LTD's securities on 8th July 2024. The transactions included the purchase of 22,000 ORD NVP securities at 101.202p per unit and the sale of 36,985 ORD NVP securities at 101.2p per unit. The disclosure also confirmed that there were no cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, such as subscribing for new securities.
The disclosure further stated that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The information was made public in accordance with Rule 8 of the Takeover Code. The contact person for the disclosure is Jennifer Bentick, and the Panel's Market Surveillance Unit is available for consultation regarding the Code's dealing disclosure requirements.
This disclosure provides insight into the recent trading activities involving HIPGNOSIS SONGS FUND LTD's securities by Singer Capital Markets Securities Ltd, offering transparency and compliance with regulatory requirements.