Hipgnosis Songs Fund Limited Result of AGM (8713L)

TIDMSONG

RNS Number : 8713L

Hipgnosis Songs Fund Limited

10 September 2019

Hipgnosis Songs Fund Limited

("Hipgnosis" or the "Company")

Result of Annual General Meeting

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, announce that at the First Annual General Meeting ("AGM") of the Company held at 10.30 am, 10 September 2019, Ordinary Resolutions 1 to 10 were passed without amendment by the requisite majority.

Votes cast over which the Chairman had been appointed as proxy were as follows:

 
 Resolution       Votes For              Votes Against       Votes Withheld* 
 1 - Ordinary     284,288,788   100%     0           0%      0 
                 ------------  -------  ----------  ------  ---------------- 
 2 - Ordinary     283,917,719   99.87%   371,069     0.13%   0 
                 ------------  -------  ----------  ------  ---------------- 
 3 - Ordinary     283,917,719   99.87%   371,069     0.13%   0 
                 ------------  -------  ----------  ------  ---------------- 
 4 - Ordinary     284,286,499   99.99%   2,289       0.01%   0 
                 ------------  -------  ----------  ------  ---------------- 
 5 - Ordinary     282,129,643   99.24%   2,159,145   0.76%   0 
                 ------------  -------  ----------  ------  ---------------- 
 6 - Ordinary     284,288,788   100%     0           0%      0 
                 ------------  -------  ----------  ------  ---------------- 
 7 - Ordinary     284,288,788   100%     0           0%      0 
                 ------------  -------  ----------  ------  ---------------- 
 8 - Ordinary     284,288,788   100%     0           0%      0 
                 ------------  -------  ----------  ------  ---------------- 
 9 - Ordinary     284,288,788   100%     0           0%      0 
                 ------------  -------  ----------  ------  ---------------- 
 10 - Ordinary    284,288,788   100%     0           0%      0 
                 ------------  -------  ----------  ------  ----------------

*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "for" or "against" the Resolution.

For further information, please contact:

 
 The Family (Music) Limited                          Tel: +44 (0)1481 742742 
  Merck Mercuriadis 
 N+1 Singer                                          Tel: +44 (0)20 7496 
  James Maxwell / James Moat (Corporate               3000 
  Finance) 
  Alan Geeves / James Waterlow / Sam Greatrex 
  (Sales) 
 J.P. Morgan Cazenove                                Tel: +44 (0)20 7742 
  William Simmonds / Ed Murray / Jérémie    4000 
  Birnbaum (Corporate Finance) 
  James Bouverat / Eddie Nissen (Sales) 
 The Outside Organisation                            Tel: +44 (0)7711 081 
  Alan Edwards / Nick Caley                           843

NOTES TO EDITORS

About Hipgnosis Songs Fund Limited

(www.hipgnosissongs.com)

Hipgnosis, which was founded by Merck Mercuriadis, is a Guernsey registered investment company established to offer investors a pure-play exposure to songs and associated musical intellectual property rights. The Company has raised a total of approximately GBP395 million (gross equity capital) through its Initial Public Offering on the Specialist Fund Segment of the London Stock Exchange's main market on 11 July 2018, and subsequent placings in April 2019 and August 2019.

About The Family (Music) Limited

The Company's Investment Adviser is The Family (Music) Limited, which was founded by Merck Mercuriadis, former manager of globally successful recording artists, such as Elton John, Guns N' Roses, Morrissey, Iron Maiden and Beyoncé, and hit songwriters such as Diane Warren, Justin Tranter and The-Dream, and former CEO of The Sanctuary Group plc. The Investment Adviser has assembled an Advisory Board of highly successful music industry experts which include award winning members of the artist, songwriter, publishing, legal, financial, recorded music and music management communities, all with in-depth knowledge of music publishing. Members of The Family (Music) Limited Advisory Board include Nile Rodgers, The-Dream, Giorgio Tuinfort, Starrah, Nick Jarjour, David Stewart, Bill Leibowitz, Ian Montone, and Jason Flom.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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