Jefferies International Limited, an exempt principal trader, has disclosed its position in Hipgnosis Songs Fund Limited. As of 4th June 2024, Jefferies International Limited holds 3,811,149 1p ordinary shares, representing 0.315% of the total shares. Additionally, they have cash-settled derivatives amounting to 8,017,534 shares and stock-settled derivatives totaling 11,828,683 shares, both accounting for 0.663% and 0.978% respectively. The trader has also engaged in purchases and sales of 10p ordinary shares, with the highest price per unit paid at 101.3300 GBX and the lowest at 101.0000 GBX.
The disclosure also indicates that Jefferies International Limited has not entered into any indemnity or option arrangements, agreements, or understandings relating to options or derivatives with any party to the offer or any person acting in concert with a party to the offer. Furthermore, no supplemental form 8 (open positions) is attached to the disclosure.
This disclosure provides valuable insight into the position of Jefferies International Limited in Hipgnosis Songs Fund Limited, shedding light on their holdings and dealings with the company's securities. It offers transparency and clarity regarding the trader's interests and short positions, as well as their recent transactions involving the company's shares.