Shore Capital Stockbrokers Ltd, an exempt principal trader, has disclosed its dealings in musicMagpie Plc's securities. On December 14, 2023, Shore Capital Stockbrokers purchased 937,960 ordinary shares of musicMagpie at a price range of 12.7p to 14.125p per share. They also sold 802,974 ordinary shares at a price range of 12.8p to 14.25p per share.
No derivatives transactions or options transactions were reported in relation to musicMagpie's securities. Additionally, there were no indemnity or option arrangements, agreements, or understandings between Shore Capital Stockbrokers and any party to the offer or any person acting in concert with a party to the offer.
The disclosure was made in accordance with Rule 8 of the Takeover Code and must be reported to a Regulatory Information Service and emailed to the Takeover Panel. The Panel's Market Surveillance Unit is available for consultation regarding the Code's dealing disclosure requirements.
The full text of the news can be found on the Takeover Panel's website.