Last checked at 10 May 2024 14:30
FORM 8.3 | |||||||
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY | |||||||
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR | |||||||
MORE | |||||||
Rule 8.3 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
(a) | Full name of discloser: | Barclays PLC. | |||||
(b) | Owner or controller of interest and short positions disclosed, if different from 1(a): |
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(c) | Name of offeror/offeree in relation to whose relevant securities this form relates: | HIPGNOSIS SONGS FUND LTD/THE FUND | |||||
(d) | If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
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(e) | Date position held/dealing undertaken: | 09 May 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? | NO | |||||
2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing(if any) | ||||||
Class of relevant security: | ordinary | ||||||
Interests | Short Positions | ||||||
Number | (%) | Number | (%) | ||||
(1) Relevant securities owned and/or controlled: | 22,087,339 | 1.83% | 792,200 | 0.07% | |||
(2) Cash-settled derivatives: | 697,275 | 0.06% | 21,866,078 | 1.81% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 22,784,614 | 1.88% | 22,658,278 | 1.87% | |||
(b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
Class of relevant security in relation to which subscription right exists | |||||||
Details, including nature of the rights concerned and relevant percentages: | |||||||
3. | DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Purchase and sales | ||||||
Class of relevant security | Purchase/sale | Number of securities | Price per unit | ||||
ordinary | Purchase | 2874 | 1.0238 GBP | ||||
ordinary | Purchase | 4563 | 1.0240 GBP | ||||
ordinary | Purchase | 12139 | 1.0260 GBP | ||||
ordinary | Purchase | 20735 | 1.0200 GBP | ||||
ordinary | Purchase | 50216 | 1.0245 GBP | ||||
ordinary | Purchase | 1717998 | 1.0225 GBP | ||||
ordinary | Sale | 46 | 1.0265 GBP | ||||
ordinary | Sale | 2874 | 1.0240 GBP | ||||
ordinary | Sale | 12139 | 1.0260 GBP | ||||
ordinary | Sale | 13445 | 1.0200 GBP | ||||
ordinary | Sale | 19443 | 1.0199 GBP | ||||
ordinary | Sale | 24661 | 1.0266 GBP | ||||
ordinary | Sale | 161774 | 1.0219 GBP | ||||
ordinary | Sale | 174752 | 1.0197 GBP | ||||
ordinary | Sale | 185895 | 1.0239 GBP | ||||
ordinary | Sale | 1721946 | 1.0225 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
ordinary | CFD | Decreasing Short | 46 | 1.0265 GBP | |||
ordinary | CFD | Decreasing Short | 13,445 | 1.0200 GBP | |||
ordinary | SWAP | Decreasing Short | 19,443 | 1.0199 GBP | |||
ordinary | SWAP | Decreasing Short | 185,895 | 1.0239 GBP | |||
ordinary | SWAP | Increasing Long | 174,752 | 1.0197 GBP | |||
ordinary | CFD | Increasing Short | 19,774 | 1.0218 GBP | |||
ordinary | CFD | Increasing Short | 50,216 | 1.0245 GBP | |||
ordinary | SWAP | Opening Short | 1,576 | 1.0200 GBP | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | Option money paid/ received per unit |
(ii) | Exercising |
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Class of relevant security | Product description | Exercising/ exercised against | Number of securities | Exercise price per unit | |||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant security | Nature of Dealings | Details | Price per unit (if applicable) | ||||
4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements | ||||||
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: | |||||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | ||||||
Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced: | |||||||
NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 10 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||