BlackRock, Inc. has disclosed a 2.43% interest in Hipgnosis Songs Fund Limited. The disclosure, made on 8th July 2024, reveals that BlackRock, Inc. owns 29,460,716 ordinary shares of Hipgnosis Songs Fund Limited. The disclosure also includes details of a recent purchase of 39,202 ordinary shares at a price of GBP 1.0180 per unit.
The disclosure further indicates that BlackRock, Inc. does not hold any cash-settled derivatives or stock-settled derivatives in Hipgnosis Songs Fund Limited. Additionally, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives disclosed in relation to Hipgnosis Songs Fund Limited.
This disclosure is in compliance with Rule 8.3 of the Takeover Code and provides transparency about BlackRock, Inc.'s interests and dealings in Hipgnosis Songs Fund Limited. It offers valuable insights into the ownership and trading activities of a significant shareholder in the company.