10 Sep 2021

Proposed C Share Issue


The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, announce that the Company is considering increasing its capital base through an issue of C shares at a price of 100 pence per C share, targeting gross proceeds of £300 million (the “Issue”). It is anticipated that the structure of any fundraising will include an issue of C shares, an offer for subscription and intermediaries offer, and another 12 month share issuance programme...