TIG Advisors, LLC has disclosed its position in Hipgnosis Songs Fund Limited, representing 13.90% interest in the relevant securities. The disclosure, made on 26th June 2024, revealed that TIG Advisors, LLC owns and/or controls 168,067,054 relevant securities. Additionally, the disclosure included details of purchases and sales of ordinary shares, with 17,796 shares purchased at 129.73 USD per unit and 2,818,055 shares sold at 129.50 USD per unit.
The disclosure also indicated that TIG Advisors, LLC does not have any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form 8 (open positions) was attached to the disclosure.
For any public disclosures under Rule 8 of the Code, it was noted that they must be made to a Regulatory Information Service and emailed to the Takeover Panel at [email protected]. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
This disclosure provides insight into TIG Advisors, LLC's significant interest in Hipgnosis Songs Fund Limited and its recent dealings with the company's securities, offering transparency to the market and stakeholders.