BlackRock, Inc. has disclosed a 2.69% interest in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that BlackRock, Inc. owns 32,562,771 ordinary shares of Hipgnosis Songs Fund Limited. The disclosure also includes details of recent dealings, with BlackRock, Inc. selling 152,366 and 462,425 ordinary shares at prices of GBP 1.0180 and GBP 1.0189 per unit, respectively.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The disclosure was made on 22 May 2024, and the contact person for the disclosure is Jana Blumenstein, who can be reached at +44 20 7743 3650.
This disclosure provides insight into BlackRock, Inc.'s significant interest in Hipgnosis Songs Fund Limited and its recent dealings with the company's ordinary shares. It offers transparency in line with the regulatory requirements of the Takeover Code, allowing stakeholders to understand BlackRock, Inc.'s position and recent activities related to Hipgnosis Songs Fund Limited.