Decagon Asset Management LLP has disclosed a 1.304% stake in Hipgnosis Songs Fund Limited, as of May 20, 2024. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership of 15,772,209 1p Ordinary shares and cash-settled derivatives. Additionally, the disclosure details the purchase of 2,500,000, 1,000,000, and 500,000 1p Ordinary shares through cash-settled derivative transactions at varying prices per unit in USD. The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure.

This disclosure provides insight into Decagon Asset Management LLP's significant stake in Hipgnosis Songs Fund Limited and its recent dealings in the company's securities. It offers transparency regarding the ownership and control of relevant securities, as well as the nature of the transactions undertaken. The information is crucial for investors and market participants to understand the current position and activities of Decagon Asset Management LLP in relation to Hipgnosis Songs Fund Limited.