The Vanguard Group, Inc. has disclosed a 1.18% stake in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that The Vanguard Group, Inc. owns and/or controls 14,217,399 ordinary shares of Hipgnosis Songs Fund Limited. Additionally, the disclosure includes details of a purchase of 12,054 ordinary shares at a price of 1.01 GBP per unit.
The disclosure also indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form 8 (open positions) is attached to the disclosure.
This announcement was transmitted by EQS Group, and The Vanguard Group, Inc. has made the necessary public disclosures under Rule 8 of the Code. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements.
The disclosure provides valuable insight into The Vanguard Group, Inc.'s stake in Hipgnosis Songs Fund Limited, offering transparency and clarity to the market.