Kite Lake Capital Management (UK) LLP has disclosed its position in Hipgnosis Songs Fund Limited. As of 23 April 2024, the investment manager holds 1.40% in cash-settled derivatives, amounting to 17,000,000 ordinary shares. The disclosure includes details of purchases, sales, and derivative transactions, such as increasing a long position through cash-settled derivative transactions.
The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure.
This disclosure provides transparency regarding Kite Lake Capital Management (UK) LLP's interests and short positions in Hipgnosis Songs Fund Limited, offering insights into their investment activities and positions in relevant securities.