BlackRock, Inc. has disclosed its ownership of 3.01% of the ordinary shares in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, includes the details of BlackRock's interests and short positions in the relevant securities of Hipgnosis Songs Fund Limited. As of the latest practicable date prior to the disclosure, BlackRock, Inc. owned 36,490,459 ordinary shares, representing 3.01% of the total shares, and had no stock-settled derivatives. Additionally, BlackRock, Inc. held cash-settled derivatives amounting to 0.04% of the total shares.
The disclosure also includes details of dealings by BlackRock, Inc. in the relevant securities of Hipgnosis Songs Fund Limited. This includes the purchase and sale of securities, as well as cash-settled derivative transactions involving reducing and increasing short positions. The disclosure further states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between BlackRock, Inc. and any other person.
The disclosure was made on 19 April 2024, and no supplemental form was attached. The contact person for the disclosure is Jana Blumenstein, with a telephone number provided for further inquiries. The disclosure was made in accordance with the Code's disclosure requirements and is available for public access through the Regulatory Information Service.