JP Morgan Securities Plc, as the exempt principal trader, has disclosed its dealings in Hipgnosis Songs Fund Limited's relevant securities. The transactions, dated 3 May 2024, include purchases and sales of ordinary shares, with 1,940,442 shares purchased and 4,333,016 shares sold. Additionally, cash-settled derivative transactions were conducted, involving a decrease and increase in short positions, along with stock-settled derivative transactions. The disclosure also confirms the absence of indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made in compliance with Rule 8 of the Takeover Code.