Hipgnosis Songs Fund Limited held an Extraordinary General Meeting (EGM) where the special resolution to amend the Articles of the Company was overwhelmingly passed, with 99.9% of shareholders voting in favor. The amendment enshrines the payment of a fee, at the Board's discretion, of up to £20 million (in aggregate) by the Company to any prospective bidder(s) who approaches the Board seeking to make an acquisition of the assets of the Company on terms recommendable to shareholders.

Robert Naylor, Chairman of Hipgnosis Songs Fund, expressed gratitude to shareholders for their overwhelming support, stating, "The Board remains focused on the strategic review, under which it is looking at all options to deliver shareholder value. The Board will update shareholders as to the outcome of due diligence in due course."

The Board is committed to delivering shareholder value and will continue to update shareholders on the outcome of the strategic review. For further information, shareholders can contact Hipgnosis Songs Fund or its corporate broker, Singer Capital Markets.