BlackRock, Inc. has disclosed a 3.01% stake in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that BlackRock, Inc. owns and/or controls 36,414,646 ordinary shares of Hipgnosis Songs Fund Limited. Additionally, the disclosure indicates that BlackRock, Inc. holds cash-settled derivatives amounting to 0.09% of the total relevant securities. The disclosure also includes details of recent dealings, including the sale of 75,813 ordinary shares at a price of GBP 1.0480 per unit and increasing short positions through cash-settled derivative transactions.

The disclosure further states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no Supplemental Form 8 (Open Positions) is attached to the disclosure. The disclosure was made on 30 April 2024, and the contact person for the disclosure is Jana Blumenstein, whose telephone number is +44 20 7743 3650.

This disclosure provides valuable insight into BlackRock, Inc.'s significant stake in Hipgnosis Songs Fund Limited and its recent dealings with the company's securities. It offers transparency regarding BlackRock, Inc.'s interests and positions in Hipgnosis Songs Fund Limited, in compliance with the regulatory requirements of the Takeover Code.