J.P. Morgan Securities Plc has disclosed public dealing in Hipgnosis Songs Fund Limited securities, as per Rule 8.5 of the Takeover Code. The dealings, undertaken on 18th April 2024, include purchases and sales of ordinary shares, with a total number of securities and the highest and lowest prices per unit paid/received specified. Additionally, there were cash-settled derivative transactions, including opening a short position and decreasing long and short positions, with details of the number of reference securities and price per unit provided.

The disclosure also includes information on stock-settled derivative transactions and other dealings, such as subscribing for new securities. Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 24th April 2024, and contact information for further inquiries is provided.

This public disclosure by J.P. Morgan Securities Plc is in accordance with the regulatory requirements and provides transparency regarding their dealings in Hipgnosis Songs Fund Limited securities. It offers insight into the transactions and positions taken by the exempt principal trader, contributing to a better understanding of the market activities related to Hipgnosis Songs Fund Limited.