Jefferies International Limited, an exempt principal trader, has disclosed its position in Hipgnosis Songs Fund Limited in accordance with Rule 8.5 of the Takeover Code. As of the latest practicable date, the exempt principal trader holds 6,555,257 1p ordinary shares, representing 0.542% of the total shares, and 6,572,099 cash-settled derivatives, amounting to 0.543% of the total shares. The trader also reported a sale of 40,695 10p ordinary shares at prices ranging from 101.6000 GBX to 102.1000 GBX.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure. The contact person for the disclosure is Robin Greenwood, reachable at 020 7029 8595.
This disclosure provides insight into the position held by Jefferies International Limited in Hipgnosis Songs Fund Limited, offering transparency in line with regulatory requirements. It outlines the number and percentage of shares and derivatives held, as well as details of recent dealings in the relevant securities.