Hipgnosis hit with 26.3% reduction to portfolio valuation
NAV per share falls to $1.17 from $1.74 after independent valuation
NAV per share falls to $1.17 from $1.74 after independent valuation
Hipgnosis Songs to file Part 20 Claim in High Court to seek full indemnity
99.9% of those who attended the EGM voted in favour
Bidder incentive fee vote comes amid the board’s allegations of ‘cherry-picking’ by Hipgnosis Songs Capital
Investment adviser’s call option a ‘structural conflict’, the trust’s board said
Driven by a reduction in the fair value of the portfolio
Board raised concerns over independent valuer’s appraisal of the trust’s portfolio
Sale made at 14.2% discount