Kryger Capital Limited has disclosed a 6.67% stake acquisition in HIPGNOSIS SONGS FUND LTD. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that Kryger Capital Limited owns and/or controls 80,681,476 ordinary shares of HIPGNOSIS SONGS FUND LTD. The disclosure also includes the purchase of 355,000 ordinary shares at a price of 129.496 USD per unit. Additionally, it is noted that there are no indemnity or option arrangements, agreements, or understandings related to relevant securities. No supplemental form 8 (open positions) is attached to the disclosure.
This disclosure provides insight into Kryger Capital Limited's significant stake in HIPGNOSIS SONGS FUND LTD, indicating a notable investment in the company. The purchase of additional ordinary shares further demonstrates Kryger Capital Limited's confidence in the potential and growth prospects of HIPGNOSIS SONGS FUND LTD. This information is crucial for investors and market analysts to understand the evolving ownership landscape and investment activities within the company.