Fort Baker Capital Management LP has disclosed a 0.54% interest in Hipgnosis Songs Fund Limited, as of July 9, 2024. The disclosure under Rule 8.3 of the Takeover Code reveals that the company holds 6,563,936 cash-settled derivatives in the form of ordinary shares. The disclosure also includes details of reducing a long position through a cash-settled derivative transaction involving 12,700,000 securities at a price of 1.0155 GBP per unit.
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 Alla Yakov-Collins, with a provided telephone number for regulatory inquiries.
This disclosure provides insight into Fort Baker Capital Management LP's holdings and dealings with Hipgnosis Songs Fund Limited, offering transparency in line with regulatory requirements. It sheds light on the company's interests and short positions, contributing to a comprehensive understanding of the market landscape for Hipgnosis Songs Fund Limited.