Vanguard Group's Latest Position in Hipgnosis Songs Fund Limited Disclosed

The Vanguard Group, Inc. has announced its recent financial position in Hipgnosis Songs Fund Limited. According to the latest Form 8.3 disclosure, dated 23 April 2024, The Vanguard Group holds a 1.18 percent interest in the fund, constituting 14,217,399 shares. This information falls under the purview of Rule 8.3 of the Takeover Code.

In addition to holding existing shares, Vanguard executed market purchases, acquiring 12,054 ordinary shares of Hipgnosis Songs Fund at £1.01 each. The transaction reaffirms The Vanguard Group’s escalating interest in this specific asset. The disclosure highlights no engagements in cash-settled derivatives or any stock-settled derivatives related to Hipgnosis Songs Fund at the time of the report. Furthermore, no other financial engagement or indemnity arrangements were reported concerning this holding.