The Vanguard Group, Inc. has disclosed a 1.36% 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 16,468,448 ordinary shares of Hipgnosis Songs Fund Limited. The disclosure also includes details of a purchase of 24,606 ordinary shares at a price of 1.01 GBP per unit.
The disclosure does not include any cash-settled derivative transactions or stock-settled derivative transactions. Additionally, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives disclosed in relation to this holding.
The disclosure was made on 24th July 2024 and is in compliance with the regulatory requirements. The Vanguard Group, Inc. has made this public disclosure under Rule 8 of the Code, as required.