On October 17, 2023, Hipgnosis Songs Fund Limited released a TR-1 form, which is a standard form for notification of major holdings. The reason for the notification is an acquisition or disposal of voting rights. Newton Investment Management Limited, based in London, is the entity subject to the notification obligation. The threshold was crossed or reached on October 13, 2023, and the issuer was notified on October 16, 2023.
The total positions of Newton Investment Management Limited in Hipgnosis Songs Fund Limited are as follows: 4.27% of voting rights attached to shares, 0.00% of voting rights through financial instruments, and a total of 4.27% of voting rights. Newton Investment Management Limited holds a total of 51,656,364 voting rights in the issuer. This is a decrease from the previous position, which was 9.99% of voting rights.
The resulting situation on the date the threshold was crossed or reached is as follows: 4.27% of voting rights attached to shares, with a total of 51,656,364 voting rights. There are no financial instruments with similar economic effect.
Newton Investment Management Limited is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in Hipgnosis Songs Fund Limited.
No information is provided regarding proxy voting.
The completion date of the form is October 16, 2023, and the place of completion is not specified.