BlackRock, Inc. has disclosed a 3.01% interest in Hipgnosis Songs Fund Limited as of 24 April 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. BlackRock, Inc. owns 36,490,459 ordinary shares, representing 3.01% of the total shares, and has no short positions in the company. Additionally, they hold no stock-settled derivatives but have 611,584 cash-settled derivatives, amounting to 0.05% of the total shares.
The disclosure also includes information on any rights to subscribe for new securities, which BlackRock, Inc. did not have in relation to Hipgnosis Songs Fund Limited at the time of the disclosure. The form also details dealings by BlackRock, Inc., including purchases and sales of relevant securities, as well as cash-settled derivative transactions.
Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between BlackRock, Inc. and any other person in relation to Hipgnosis Songs Fund Limited.
The disclosure was made by BlackRock, Inc. to a Regulatory Information Service in accordance with Rule 8 of the Code. The contact person for the disclosure is Jana Blumenstein, and the date of disclosure is 25 April 2024. The Panel's Market Surveillance Unit is available for consultation regarding the Code's disclosure requirements.
This disclosure provides insight into BlackRock, Inc.'s significant interest in Hipgnosis Songs Fund Limited and their compliance with the regulatory requirements for such disclosures.