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 29th April 2024, the disclosed interests and short positions in the 1p ordinary class of relevant securities of Hipgnosis Songs Fund Limited included 2,261,226 relevant securities owned and/or controlled, along with cash-settled derivatives and stock-settled derivatives. The disclosed dealings included purchases and sales of the 10p ordinary class of relevant security, as well as cash-settled derivative transactions and stock-settled derivative transactions.

The disclosed purchases and sales of the 10p ordinary class of relevant security involved a total number of securities, with the highest price per unit paid/received at 106.6000 GBX and the lowest price per unit paid/received at 104.6952 GBX. Additionally, the disclosed cash-settled derivative transactions included increasing and reducing short positions, as well as increasing and reducing long positions, with varying numbers of reference securities and prices per unit in GBX and USD.

Furthermore, the disclosure stated that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The disclosure did not include any attachments, and it was made to a Regulatory Information Service on 30th April 2024. The contact name and telephone number for the disclosure were provided as Robin Greenwood and 020 7029 8595, respectively.

This disclosure by Jefferies International Limited provides a transparent overview of its position and dealings in Hipgnosis Songs Fund Limited, in compliance with the regulatory requirements of the Takeover Code.