Jefferies International Limited, an exempt principal trader, disclosed its position in Hipgnosis Songs Fund Limited in accordance with Rule 8.5 of the Takeover Code. As of the latest practicable date, the trader held 3,811,150 relevant securities and had cash-settled derivatives amounting to 8,017,534. Additionally, the trader engaged in purchases and sales of 10p ordinary securities, with the highest price per unit paid at 101.6200 GBX and the lowest at 101.4000 GBX. The disclosure also confirmed that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form was attached to the disclosure.