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

On July 11, 2024, The Vanguard Group, Inc. disclosed its investment position in Hipgnosis Songs Fund Limited as per Form 8.3. The form is part of the Public Opening Position disclosure by any entity owning 1% or more in relevant securities, under Rule 8.3 of the Takeover Code.

The Vanguard Group holds 15,825,125 ordinary shares in Hipgnosis Songs Fund Limited, representing 1.31% of the company's relevant securities. This disclosure includes a recent purchase of 256,378 ordinary shares at a price of 1.02 GBP per unit, executed on July 10, 2024.

No other share positions or additional financial instruments, such as cash-settled or stock-settled derivatives, were disclosed in relation to Hipgnosis Songs Fund Limited. Furthermore, no new securities subscription rights were mentioned.

The disclosure confirms that there are no indemnity or option arrangements, or any other formal or informal agreements or understandings related to the relevant securities involving The Vanguard Group and any party to the offer. Form 8.3 filings like this ensure transparency in significant shareholdings and can influence market perceptions.