JP Morgan Securities Plc, as the exempt principal trader, has disclosed public dealings related to Hipgnosis Songs Fund Limited. The dealings, undertaken on 24th April 2024, include purchases and sales of ordinary securities, with a total of 5,180,172 securities purchased and 227,715 securities sold. The highest price per unit paid for the securities was 1.0160 GBP, and the lowest price per unit received was 1.0100 GBP.

Additionally, the disclosure includes cash-settled derivative transactions, such as equity swaps, with details of opening/closing long/short positions and the number of reference securities. The disclosure also mentions stock-settled derivative transactions, including options, and other dealings, but no indemnity or other dealing arrangements were reported.

This public disclosure by JP Morgan Securities Plc provides transparency about their dealings with Hipgnosis Songs Fund Limited, in accordance with the Code's dealing disclosure requirements. The disclosure aims to provide relevant information to the market and interested parties. For further details, the Panel's Market Surveillance Unit is available for consultation.