BlackRock, Inc. has disclosed its ownership of 3.01% of the ordinary shares of Hipgnosis Songs Fund Limited. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, indicates that BlackRock, Inc. owns 36,490,459 ordinary shares of Hipgnosis Songs Fund Limited. Additionally, the disclosure shows that BlackRock, Inc. holds cash-settled derivatives amounting to 0.05% of the total shares.

The disclosure also includes details of dealings by BlackRock, Inc., such as the purchase of 29,192 securities through cash-settled derivative transactions at a price of GBP 1.0380 per unit. Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.

The disclosure was made on 29 April 2024 by BlackRock, Inc.'s representative, Jana Blumenstein. It is important to note that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.

For further details, the full disclosure can be accessed on the Panel's website at www.thetakeoverpanel.org.uk.