Bank of America Corporation has notified Hipgnosis Songs Fund Limited of an acquisition of voting rights. As of May 1, 2024, Bank of America Corporation holds 1.806021% of voting rights through financial instruments, with a total of 21,838,674 voting rights held in the issuer. This marks a decrease from the previous notification, where they held 6.959366% of voting rights. The financial instruments held by Bank of America Corporation include swaps with expiration dates ranging from July 2024 to May 2025, with cash settlement and varying percentages of voting rights.
The notification also includes details of the person subject to the notification obligation, Bank of America Corporation, and its controlled undertaking, Bank of America, National Association. The completion date of the notification was May 2, 2024.
This TR-1 notification provides transparency regarding the change in voting rights held by Bank of America Corporation in Hipgnosis Songs Fund Limited, offering insights into the shifting ownership within the company.