JP Morgan Securities Plc, as the exempt principal trader, has disclosed its dealings in Hipgnosis Songs Fund Limited's relevant securities in accordance with Rule 8.5 of the Takeover Code. The dealings, undertaken on 29 April 2024, include purchases and sales of ordinary shares, as well as cash-settled derivative transactions. The highest and lowest prices per unit paid/received for the ordinary shares were 1.0683 GBP and 1.0420 GBP, respectively.

In addition to the purchases and sales, the disclosure also includes details of cash-settled derivative transactions, such as equity swaps, with varying quantities and prices per unit. Furthermore, the disclosure mentions that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between the exempt principal trader and any other person.

The disclosure provides a comprehensive overview of JP Morgan Securities Plc's dealings in Hipgnosis Songs Fund Limited's relevant securities, ensuring transparency and compliance with the regulatory requirements. This information is crucial for investors and market participants to understand the trading activities related to Hipgnosis Songs Fund Limited's securities and the involvement of JP Morgan Securities Plc as the exempt principal trader.

Overall, the disclosure offers insights into the recent dealings and transactions involving Hipgnosis Songs Fund Limited's relevant securities, contributing to a better understanding of the market dynamics and the interactions between the exempt principal trader and the company's securities.