Asset Value Investors Limited has notified an acquisition of voting rights in Hipgnosis Songs Fund Limited. The notification, dated 21st May 2024, indicates that the total positions of Asset Value Investors Limited in terms of voting rights attached to shares and financial instruments have reached 0% as of 20th May 2024. This is a change from the previous notification where they held 5.054213% of voting rights.

The details of the resulting situation on the date the threshold was crossed or reached show that there are no direct or indirect voting rights attached to shares. Additionally, there are no financial instruments or instruments with similar economic effect that would result in the acquisition of voting rights if exercised or converted.

The notification also states that Asset Value Investors Limited is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in the issuer. Furthermore, there is no information provided in relation to proxy voting.

This notification provides an update on the change in voting rights in Hipgnosis Songs Fund Limited by Asset Value Investors Limited, as per the requirements of the TR-1 standard form for notification of major holdings.