Jefferies International Limited, an exempt principal trader, has disclosed its position in Hipgnosis Songs Fund Limited. As of the latest practicable date prior to the disclosure, Jefferies International Limited holds 7,076,997 1p ordinary shares, representing 0.585% of the total shares, and 6,572,099 cash-settled derivatives, amounting to 0.543% of the total shares. The trader has also engaged in purchases and sales of 10p ordinary shares, with specific details provided for the transactions. The disclosure includes information on interests, short positions, and dealings by the exempt principal trader.

The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure. The contact person for the disclosure is Robin Greenwood, with a provided telephone number for further inquiries.

This disclosure is in accordance with Rule 8 of the Takeover Code and has been made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation regarding the Code's disclosure requirements.