Concord Bidco statement

09 May 2024 - Press release

CONCORD CHORUS LIMITED (“CONCORD BIDCO”) STATEMENT REGARDING FINAL OFFER FOR HIPGNOSIS SONGS FUND LIMITED (“HIPGNOSIS”)

 

Further to the announcements made by Concord Bidco on 18 April 2024 and 24 April 2024 (the “Announcements”) setting out the terms of its all cash offer for the entire issued, and to be issued, share capital of Hipgnosis, Concord Bidco confirms that its offer of $1.25 per Hipgnosis Share is final and will not be increased.

Capitalised terms used in this announcement, unless otherwise defined, shall have the meanings given to them in the Rule 2.7 Announcement.