Form 8.3 - HIPGNOSIS SONGS FUND LTD

Barclays PLC

19 April 2024

 

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):
(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:
(e)	Date position held/dealing undertaken:			18 Apr 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:				14,736,092	1.22%	1,690,546	0.14%
(2) Cash-settled derivatives:				1,527,221	0.13%	14,359,707	1.19%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,263,313	1.34%	16,050,253	1.33%
(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	1948	0.9140  GBP
ordinary	Purchase	3702	0.9160  GBP
ordinary	Purchase	9250	0.9198  GBP
ordinary	Purchase	16632	0.9200  GBP
ordinary	Purchase	22671	0.9255  GBP
ordinary	Purchase	52320	0.9264  GBP
ordinary	Purchase	72569	0.9146  GBP
ordinary	Purchase	72820	0.9150  GBP
ordinary	Purchase	85000	0.9205  GBP
ordinary	Purchase	87338	0.9170  GBP
ordinary	Purchase	141029	0.9153  GBP
ordinary	Purchase	205852	0.9208  GBP
ordinary	Purchase	286809	0.9183  GBP
ordinary	Purchase	359234	0.9164  GBP
ordinary	Purchase	404309	0.9196  GBP
ordinary	Purchase	500000	0.9170  GBP
ordinary	Purchase	632479	0.9188  GBP
ordinary	Purchase	888602	0.9147  GBP
ordinary	Purchase	970061	0.9143  GBP
ordinary	Purchase	1086910	0.9142  GBP
ordinary	Purchase	1885021	0.9192  GBP
ordinary	Purchase	2365906	0.9178  GBP
ordinary	Purchase	4300000	0.9254  GBP
ordinary	Sale	3896	0.9270  GBP
ordinary	Sale	4365	0.9190  GBP
ordinary	Sale	5143	0.9180  GBP
ordinary	Sale	8300	0.9160  GBP
ordinary	Sale	12564	0.9229  GBP
ordinary	Sale	19307	0.9172  GBP
ordinary	Sale	22682	0.9198  GBP
ordinary	Sale	36079	0.9170  GBP
ordinary	Sale	38226	0.9159  GBP
ordinary	Sale	43752	0.9164  GBP
ordinary	Sale	66948	0.9168  GBP
ordinary	Sale	70181	0.9140  GBP
ordinary	Sale	85000	0.9175  GBP
ordinary	Sale	207791	0.9204  GBP
ordinary	Sale	332936	0.9201  GBP
ordinary	Sale	342501	0.9200  GBP
ordinary	Sale	369867	0.9207  GBP
ordinary	Sale	396485	0.9150  GBP
ordinary	Sale	711078	0.9169  GBP
ordinary	Sale	2500000	0.9191  GBP
ordinary	Sale	5339634	0.9135  GBP
ordinary	Sale	6166668	0.9144  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
ordinary	SWAP	Opening Long	8,300	0.9229  GBP
ordinary	SWAP	Opening Long	11,173	0.9213  GBP
ordinary	SWAP	Opening Long	16,632	0.9200  GBP
ordinary	SWAP	Opening Long	47,338	0.9170  GBP
ordinary	SWAP	Opening Long	51,936	0.9221  GBP
ordinary	SWAP	Opening Long	109,649	0.9213  GBP
ordinary	SWAP	Opening Long	647,969	0.9188  GBP
ordinary	SWAP	Opening Long	1,775,372	0.9191  GBP
ordinary	CFD	Opening Short	141	0.9270  GBP
ordinary	CFD	Opening Short	1,441	0.9160  GBP
ordinary	SWAP	Opening Short	2,901	0.9255  GBP
ordinary	SWAP	Opening Short	17,526	0.9150  GBP
ordinary	CFD	Opening Short	22,671	0.9255  GBP
ordinary	SWAP	Opening Short	49,419	0.9265  GBP
ordinary	CFD	Opening Short	118,840	0.9199  GBP
ordinary	SWAP	Opening Short	4,300,000	0.9254  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
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
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				19 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END