Sand Grove Capital Management LLP has disclosed a 5.31% interest in Hipgnosis Songs Fund Limited, representing 64,154,669 ordinary shares. Additionally, they have a 0.48% interest through cash-settled derivatives, totaling 70,013,205 shares or 5.79% of the company. The disclosure also includes the sale of 4,839,167 ordinary shares at a price of USD 1.295 per unit.

The disclosure further details the absence of any indemnity or other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. The information provided is in compliance with Rule 8.3 of the Takeover Code.

This disclosure provides insight into Sand Grove Capital Management LLP's significant holdings and dealings with Hipgnosis Songs Fund Limited, offering transparency and clarity regarding their positions and transactions.