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on The Vanguard Group, Inc. (isin : US12572Q1058)

The Vanguard Group, Inc. Discloses Position in Hipgnosis Songs Fund Limited

The Vanguard Group, Inc. has made a formal disclosure regarding its position in Hipgnosis Songs Fund Limited. As required by Rule 8.3 of the Takeover Code, the disclosure provides key information about its interests in relevant securities representing 1% or more.

As of May 22, 2024, Vanguard controls 14,659,337 ordinary shares, constituting 1.21% of the total shares in Hipgnosis Songs Fund Limited. This move does not include any cash-settled or stock-settled derivatives, nor rights to subscribe for new securities.

The disclosure also included details of recent transactions. On May 22, 2024, Vanguard purchased 121,220 ordinary shares at 1.01 GBP per unit, further consolidating its position in the music investment fund.

The document clarifies that there are no indemnity, options, or other dealing arrangements that would induce decision-making regarding the securities. No agreements or understandings relating to future voting rights or acquisitions of relevant securities exist.

This disclosure ensures transparency in Vanguard's dealings and positions within Hipgnosis Songs Fund Limited.

R. H.

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