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Hipgnosis applies for for USD quote for its LSE listing

Hipgnosis Songs (SON) is contemplating a further equity raise under its to fund investments in line with its investment policy, with a view to delivering further value for its shareholders. The company says an to this end will follow in due course.

SONG applies for USD quote

The company also announced that it has applied to introduce an additional market quote for the shares on the London Stock Exchange denominated in US dollars. The dollar quote will appear alongside the company’s existing GBP sterling market quote and there will be no changes to the legal form or nature of the company’s shares nor to the reporting currency of its financial statements (which will remain in sterling). 

The Company’s existing ticker, ISIN and SEDOL will remain unchanged. However, in connection with the US Dollar Quote the Company will introduce a new ticker and SEDOL with effect from 8am on 2 March 2020, as set out below.

In addition, in the future the US Dollar equivalent of the GBP Sterling net asset value per share will be presented for information purposes only.

SONG: Hipgnosis applies for for USD quote for its LSE listing

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