Schroders PLC has disclosed a 4.603% interest in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Schroders PLC owns and/or controls 55,657,184 ordinary shares of Hipgnosis Songs Fund Limited. The disclosure also includes details of recent dealings, such as the sale of 557,000 ordinary shares at 1.007 GBP per unit and the sale of 313,508 ordinary shares at 1.006 GBP per unit. Additionally, there was a transfer in of 313,508 ordinary shares at a price of 0 GBP per unit.

The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form for open positions is attached to the disclosure. The disclosure was made on 30th May 2024, and the contact person for the disclosure is Ajibola Olagunju, with a telephone number of +44 20 76582483.

This disclosure provides insight into Schroders PLC's significant interest in Hipgnosis Songs Fund Limited and its recent dealings with the company's ordinary shares. It offers transparency in line with regulatory requirements and allows stakeholders to understand the position of a major shareholder in Hipgnosis Songs Fund Limited.