BlackRock, Inc. has disclosed a 2.43% interest in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that BlackRock, Inc. owns 29,421,514 ordinary shares of Hipgnosis Songs Fund Limited. Additionally, the disclosure shows that BlackRock, Inc. sold 105,140 ordinary shares at a price of GBP 1.0230 per unit on 1 July 2024.
The disclosure also states that BlackRock, Inc. does not have any indemnity or option arrangements related to relevant securities, nor does it have any agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure.
This disclosure provides valuable information about BlackRock, Inc.'s position in Hipgnosis Songs Fund Limited, offering insights into its ownership and recent dealings with the company's securities. It also highlights the absence of any additional agreements or arrangements related to the securities.