The Vanguard Group, Inc. has disclosed a 1.33% stake in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that The Vanguard Group, Inc. owns and/or controls 16,030,739 ordinary shares of Hipgnosis Songs Fund Limited. Additionally, the disclosure includes the purchase of 143,500 ordinary shares at a price of 1.01 GBP per unit.
The disclosure also indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental Form 8 (Open Positions) is attached to the disclosure.
The disclosure was made on 15th July 2024 and was transmitted by EQS Group. For any regulatory inquiries, the Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements. The full content of the announcement is the responsibility of the issuer.
This disclosure provides valuable insight into The Vanguard Group, Inc.'s significant stake in Hipgnosis Songs Fund Limited, shedding light on their recent dealings and positions in the company's securities.