The Vanguard Group, Inc. Reports Stake in Hipgnosis Songs Fund Limited

The Vanguard Group, Inc. disclosed its holdings in Hipgnosis Songs Fund Limited, showing a 1.17% ownership with 14,205,345 ordinary shares. This announcement comes under the compliance of Rule 8.3 of the UK Takeover Code, which pertains to parties holding interests in securities of 1% or more during takeover situations.

The disclosure, dated 18 April 2024, specifies that these are direct holdings by The Vanguard Group itself, with no nominee or vehicle companies involved. Additionally, there are no cash-settled or stock-settled derivatives reported, signifying that the entirety of disclosed positions are straight ownerships of the ordinary stocks.

No further dealings or derivative transactions were reported in relation to this holding as of the latest disclosure. The Vanguard Group has not outlined any rights to subscribe for new securities or detailed any related dealings. Importantly, there are no reported indemnity, option arrangements or any agreements that could influence dealings, highlighting a straightforward investment disclosure.