Capula Investment Management LLP has disclosed a 1.16% stake in Hipgnosis Songs Fund Ltd, as of May 30, 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. Capula Investment Management LLP revealed that it holds 14,055,000 ordinary shares in Hipgnosis Songs Fund Ltd. Additionally, the disclosure includes details of cash-settled derivatives, with 800,000 securities in equity swap transactions at a price of 1.2804 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 contact person for the disclosure is Michelle Bedwin, with a provided telephone number for further inquiries.
This disclosure provides insight into Capula Investment Management LLP's significant stake in Hipgnosis Songs Fund Ltd, offering transparency in line with regulatory requirements. It indicates the investment firm's interest and involvement in the company's securities, contributing to a comprehensive understanding of the market landscape.