Vanguard Group Discloses Position in Hipgnosis Songs Fund Limited

The Vanguard Group, Inc. has reported its stake in Hipgnosis Songs Fund Limited. As of May 15, 2024, the financial institution possesses 14,445,366 shares representing 1.19% ownership. This was detailed in the latest Form 8.3 filing, which is required for any entity with an interest in relevant securities amounting to 1% or more under the rules of the Takeover Code.

In addition to this holding, the filing mentioned a purchase of 72,504 Hipgnosis shares at a price of 1.01 GBP each on the same date. With no other dealings in cash-settled or stock-settled derivatives reported, Vanguard's recent activities focus solely on direct equity holdings.