JP Morgan Securities Plc, acting as an exempt principal trader, has disclosed its dealings in Hipgnosis Songs Fund Limited's relevant securities. The transactions, undertaken on 15 May 2024, involved purchases and sales of ordinary shares, with a total of 2,752,466 securities purchased and 32,741 securities sold at prices ranging from 1.0100 GBP to 1.0160 GBP per unit. Additionally, the trader opened a short position through a cash-settled derivative transaction involving 2,716,869 reference securities at a price of 1.0100 GBP per unit.
The disclosure also includes information on indemnity and other dealing arrangements, with the trader confirming the absence of such agreements, arrangements, or understandings. Furthermore, there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 16 May 2024, and the contact person for further information is Natasha Mondon, reachable at 01202 325175.
This public dealing disclosure by JP Morgan Securities Plc provides transparency regarding its transactions involving Hipgnosis Songs Fund Limited's securities, offering insights into the trader's activities and positions in the company's shares.