M&G PLC, through its subsidiary M&G Investment Management Limited, has made a public opening position disclosure/dealing disclosure regarding Round Hill Music Royalty Fund Ltd. The disclosure is made in accordance with Rule 8.3 of the Takeover Code. M&G PLC does not own or control any interests or short positions in the relevant securities of Round Hill Music Royalty Fund Ltd. The latest practicable date prior to the disclosure is September 8, 2023.
The disclosure does not include any information about cash offers or possible cash offers. M&G PLC has not made any disclosures in respect of any other party to the offer.
In terms of dealings, M&G PLC has made sales of 7,187,677 securities of Round Hill Music Royalty Fund Ltd at a price of £1.1250 per unit. Additionally, M&G PLC has made sales of 5,000,000 securities of Round Hill Music Royalty Fund Ltd at a price of £1.1250 per unit.
The disclosure does not include any information about cash-settled derivative transactions or stock-settled derivative transactions. It also does not include any information about other dealings, such as subscribing for new securities.
There are no indemnity or option arrangements, agreements, or understandings relating to relevant securities that may be an inducement to deal or refrain from dealing. There are also no agreements, arrangements, or understandings relating to options or derivatives.
No supplemental form for open positions is attached to the disclosure.
The disclosure was made on September 13, 2023, and the contact person for further information is Hannah Azlin, with a telephone number of 020 8162 0906.
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.