The Vanguard Group, Inc. has disclosed a 1.19% stake in Hipgnosis Songs Fund Limited. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that The Vanguard Group, Inc. owns and/or controls 14,445,366 ordinary shares of Hipgnosis Songs Fund Limited. The disclosure also includes details of a purchase of 72,504 ordinary shares at a price of 1.01 GBP per unit.

The disclosure further states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure.

This announcement was made on 16 May 2024 and was disseminated by EQS Group. The issuer, The Vanguard Group, Inc., is solely responsible for the content of this announcement.

For further details and consultation regarding the Code's disclosure requirements, the Panel's Market Surveillance Unit is available for contact at +44 (0)20 7638 0129. The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.