Andrew Sutch Financial News
06.10 / 13:13
Lawsuit
Investment trusts
continuation vote
Hipgnosis Songs
Andrew Sutch
Hipgnosis
Hipgnosis Songs suspends senior executive sued for alleged sexual assault
MacPherson, CEO of Hipgnosis Songs Group, SONG’s publishing arm, was sued on Wednesday (4 October) in a Los Angeles court by Sara Lewis.
07.11 / 12:06
Investment trusts
Hipgnosis Songs
Andrew Sutch
Hipgnosis appoints former Round Hill chair
Round Hill agreed to a $468.8m takeover last month, which will see its 51 catalogues absorbed by Concord.
26.10 / 14:01
Investment trusts
continuation vote
song
Hipgnosis Songs
Andrew Sutch
Hipgnosis catalogue sale cancelled as shareholders vote against continuation
The outcome follows the resignation of directors Andrew Wilkinson and Paul Burger on Wednesday (25 October). Chair Andrew Sutch is due to step down next year.
26.10 / 14:01
Investment trusts
AGM
Andrew Sutch
Hipgnosis
Two Hipgnosis directors resign ahead of AGM
The two directors had been targeted by activist investor Metage Capital, which last week published an open letter calling for a 'clean break' in the trust through the departure of senior leadership.
20.10 / 12:59
Investment trusts
AGM
strategic review
Board Of Directors
Hipgnosis Songs
Andrew Sutch
Time
'Time for a clean break': Hipgnosis shareholder calls for removal of three board directors
Metage Capital's CIO said a strategic review does not solve Hipgnosis Song's underlying problems.
19.10 / 12:47
Investment trusts
Blackstone
Hipgnosis Songs Fund
Hipgnosis Songs
Andrew Sutch
Hipgnosis
Hipgnosis board launches strategic review as continuation vote approaches
The board had asked its current investment adviser to remove the call option entitling it to acquire the trust’s portfolio on termination, but it had declined.
28.09 / 14:59
Investment trusts
People moves
Investment Trust
Hipgnosis Songs
Andrew Sutch
Hipgnosis
Hipgnosis Songs chair Andrew Sutch to step down as managers given ultimatum
Fellow board member Andrew Wilkinson and chair of the firm’s audit and risk management committee is also retiring at the end of this year.
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