Bank of Montreal has disclosed a 1.08% interest in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that Bank of Montreal owns 13,144,444 ordinary shares in Hipgnosis Songs Fund Limited. The disclosure also includes details of recent dealings, with Bank of Montreal selling a total of 3,336,998 ordinary shares at prices ranging from GBP 1.044431 to GBP 1.045600 per unit on 1st May 2024.

The disclosure does not include any cash-settled derivative transactions or stock-settled derivative transactions. Additionally, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives disclosed in relation to Hipgnosis Songs Fund Limited.

This disclosure provides transparency about Bank of Montreal's significant interest in Hipgnosis Songs Fund Limited and its recent dealings with the company's ordinary shares. It offers valuable information for investors and market analysts to consider when evaluating the current state and potential future movements of Hipgnosis Songs Fund Limited's securities.