Legal & General Investment Management (Holdings) Ltd. has disclosed its ownership of 1% of the relevant securities of Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Legal And General Investment Management (Holdings) Ltd. owns and/or controls 12,117,899 relevant securities of Hipgnosis Songs Fund Limited. Additionally, the disclosure includes details of a sale of 17,777 securities at a price of GBP 1.048 per unit.
The disclosure also confirms that Legal And General Investment Management (Holdings) Ltd. has not entered into any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives with any party to the offer or any person acting in concert with a party to the offer. Furthermore, no supplemental form or attachments were included with the disclosure.
This disclosure provides transparency about Legal & General Investment Management (Holdings) Ltd.'s significant ownership in Hipgnosis Songs Fund Limited, offering insights into the company's position and dealings with the relevant securities. It also serves to fulfill the regulatory requirements under Rule 8 of the Code, ensuring that all necessary information is made available to the public and regulatory authorities.