The Vanguard Group, Inc. has disclosed a 1.28% stake in Hipgnosis Songs Fund Limited. As of June 10, 2024, The Vanguard Group, Inc. owned and/or controlled 15,441,085 ordinary shares of Hipgnosis Songs Fund Limited. Additionally, they have made a purchase of 32,864 ordinary shares at a price of 1.01 GBP per unit. The disclosure was made in accordance with Rule 8.3 of the Takeover Code.
The disclosure also indicates that The Vanguard Group, Inc. has not entered into any indemnity or option arrangements, agreements, or understandings relating to options or derivatives with any party to the offer or any person acting in concert with a party to the offer. Furthermore, no supplemental form 8 (open positions) was attached to the disclosure.
The information was disseminated by EQS Group and the issuer, The Vanguard Group, Inc., is solely responsible for the content of the announcement. The disclosure was made in compliance with the Code's disclosure requirements and was publicly disclosed under Rule 8 of the Code.
For any further consultation regarding the Code's disclosure requirements, the Panel's Market Surveillance Unit is available at +44 (0)20 7638 0129. The full details of the disclosure can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.