The Vanguard Group Discloses Position in Hipgnosis Songs Fund Limited

The Vanguard Group, Inc. has released Form 8.3, revealing their position in Hipgnosis Songs Fund Limited. According to the document dated May 29, 2024, Vanguard held 14,788,521 ordinary shares, representing a 1.22% interest in the fund as of May 28, 2024.

Vanguard also disclosed a purchase of 64,560 ordinary shares at a price of 1.01 GBP per share. No other dealings or derivative transactions were noted in the disclosure. Additionally, Vanguard stated that there are no indemnity or option arrangements affecting these securities, nor any relevant agreements or understandings.

The disclosure aligns with Rule 8.3 of the Takeover Code, which mandates transparency from persons holding interests in relevant securities exceeding 1%. The form provides essential details for public and regulatory scrutiny.