Barclays PLC has disclosed its position in HIPGNOSIS SONGS FUND LTD, as of 15th July 2024, in accordance with Rule 8.3 of the Takeover Code. The disclosure indicates that Barclays PLC owns and/or controls 2.47% of the ordinary shares of HIPGNOSIS SONGS FUND LTD, amounting to 29,834,172 shares. Additionally, Barclays PLC holds cash-settled derivatives representing 2.44% of the total shares. The disclosure also includes details of recent dealings, including the purchase and sale of ordinary shares, as well as cash-settled and stock-settled derivative transactions.
In the disclosed position, Barclays PLC has purchased 573,628 ordinary shares at a price of 1.0060 GBP per unit and sold 628,162 ordinary shares at the same price. The cash-settled derivative transactions include decreasing short positions through CFD and SWAP, as well as opening and closing long positions through SWAP. The disclosure also indicates that there are no indemnity or other dealings arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into Barclays PLC's holdings and dealings with HIPGNOSIS SONGS FUND LTD, offering transparency in line with regulatory requirements. It presents a snapshot of Barclays PLC's interests, short positions, and recent dealings with the company's securities, contributing to the overall understanding of the market dynamics and stakeholder positions within HIPGNOSIS SONGS FUND LTD.