BlackRock, Inc. has disclosed its ownership of 2.76% of the ordinary shares of Hipgnosis Songs Fund Limited. The disclosure, made on 10 May 2024, indicates that BlackRock, Inc. owns 33,417,911 ordinary shares and has no short positions in the company. Additionally, the disclosure shows that BlackRock, Inc. holds no stock-settled derivatives but has 3,979,539 cash-settled derivatives, representing 0.32% ownership. The disclosure also includes details of a cash-settled derivative transaction involving an increase in a short position of 735,409 securities at a price of GBP 1.0200 per unit.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure. The contact person for the disclosure is Jana Blumenstein, and the telephone number provided is +44 20 7743 3650. The disclosure was made in accordance with Rule 8 of the Code and must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation regarding the Code's disclosure requirements.
This disclosure by BlackRock, Inc. provides transparency about its significant ownership in Hipgnosis Songs Fund Limited and its related dealings, contributing to the overall understanding of the company's ownership structure and market activities.