The Vanguard Group, Inc. has disclosed a 1.37% 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 16,513,590 ordinary shares of Hipgnosis Songs Fund Limited. Additionally, the disclosure includes the purchase of 41,040 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 26 July 2024, and the contact person for the disclosure is Shawn Acker, with a provided telephone number for further inquiries.
This disclosure provides insight into The Vanguard Group, Inc.'s significant stake in Hipgnosis Songs Fund Limited, offering transparency to the market and stakeholders about the ownership and dealings of relevant securities.