Alpine Associates Management Inc. has disclosed a 3.44% interest in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Alpine Associates Management Inc. holds 41,650,000 ordinary shares in Hipgnosis Songs Fund Limited as of May 15th, 2024. Additionally, the disclosure includes details of cash-settled derivatives, with 41,650,000 cash-settled derivatives representing 3.44% interest.
The disclosure also outlines that there have been purchases and sales of relevant securities, including an increase in a long position through a cash-settled derivative transaction involving 1,000,000 securities at a price of 1.2800 USD per unit. Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure does not include a Supplemental Form 8 (Open Positions) and was made on May 16th, 2024. The contact person for the disclosure is Todd Mason, with a telephone number of 1-561-834-6550. It is noted that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.