Hipgnosis Song. Share News (SONG)

Hipgnosis Songs hires legal counsel to review claim against founder

(Alliance News) - Hipgnosis Songs Fund Ltd on Monday said it has appointed solicitors to review the claim made against its founder Merck Mercuriadis, Hipgnosis Songs Management and the company by Hipgnosis Music Ltd.

Hipgnosis Songs Fund seeking indemnity from founder

(Sharecast News) - Hipgnosis Songs Fund said in an update on Monday that it was looking for indemnity from its founder amid a legal battle with Hipgnosis Music.

Merck Mercuriadis replaced as chief of Hipgnosis Songs Management

(Alliance News) - Merck Mercuriadis is stepping down as chief executive of music royalties fund manager Hipgnosis Songs Management.

Hipgnosis Songs Fund adviser refuses to drop call option from deal

(Alliance News) - Hipgnosis Songs Fund Ltd on Tuesday said its investment adviser, Hipgnosis Songs Management Ltd, has refused its request to drop the call option from its investment advisory agreement.

Hipgnosis: investment manager refuses to drop controversial call option

(Sharecast News) - The investment advisor to Hipgnosis Songs Fund has refused to drop a controversial call option, the troubled music rights owner confirmed on Tuesday.

Hipgnosis Songs Fund says adviser refuses to drop call option

Adviser refusing to drop call option

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IN BRIEF: Hipgnosis Songs Fund seeks to fix "conflict of interest"

Hipgnosis Songs Fund Ltd - investor in music rights - Will call extraordinary general meeting of shareholders to approve a proposal to compensate potential bidders for the fund's assets. The board wants to be able pay a fee of up to GBP20 million to prospective buyers offering terms recommendable to shareholders by the board. The fee is intended to protect bidders against due diligence and acquisition costs so that they are "not deterred from seeking to engage with company" over a possible offer.

Hipgnosis proposes £20m payment to entice bidders

(Sharecast News) - Troubled music rights owner Hipgnosis Songs Fund has asked shareholders to vote on a special resolution intended to help attract potential bidders.

London close: Stocks finish weaker amid uninspiring data

(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, despite a rebound on Wall Street in early trading, as investors digested lacklustre government borrowing and retail sales data.

LONDON MARKET MIDDAY: Stocks frosty ahead of US economic data

(Alliance News) - Investors were not in the festive spirit on Thursday, with stocks in London down, as the last load of US economic data edges closer.

TOP NEWS: Hipgnosis delayed results show value fall; warns of accuracy

(Alliance News) - Hipgnosis Songs Fund Ltd on Thursday released its interim results, but warned investors that some figures should be digested "with a higher degree of caution and less certainty".

Music royalty fund Hipgnosis reports drop in asset value

Dec 21 (Reuters) - Hipgnosis Songs Fund reported on Thursday a fall in the value of its assets, as the music royalty firm battles to secure its future following a shareholder rebellion.

LONDON MARKET OPEN: Santa rally fades after weak New York close

(Alliance News) - Stock prices in London lost sparkle early Thursday, after a broad-based sell-off on Wall Street.

LONDON BRIEFING: Hipgnosis Songs Fund delayed results show value fall

(Alliance News) - Stocks in London are expected to open lower on Thursday, in line with equity markets in Asia and New York.

London close: Stocks manage gains amid holiday slowdown

(Sharecast News) - London's financial markets showed resilience on Tuesday, maintaining positive momentum despite the usual holiday slowdown.