Hipgnosis Songs Fund Limited Interim Dividend Declaration (9401Q)

TIDMSONG

RNS Number : 9401Q

Hipgnosis Songs Fund Limited

24 October 2019

HIPGNOSIS SONGS FUND LIMITED

(the "Company" or "Hipgnosis")

Interim Dividend Announcement

Hipgnosis Songs Fund Limited is pleased to announce the Company's interim dividend (the 'Dividend') for the period from 1 July 2019 to 30 September 2019 in respect of the Ordinary shares.

The Dividend of 1.25 pence per Ordinary Share will be payable to Shareholders on the register as at 1 November 2019 with an associated ex-dividend date of 31 October 2019 and a payment date of 29 November 2019.

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 Finance)      3000 
  Alan Geeves / James Waterlow / Sam Greatrex 
  (Sales) 
 J.P. Morgan Cazenove - Joint Corporate Broker       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)207 436 
  Alan Edwards / Nick Caley                           3633

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 over GBP625 million (gross equity capital) through its Initial Public Offering on 11 July 2018, and subsequent issues in April 2019, August 2019 and October 2019. In September 2019, Hipgnosis transferred its entire issued share capital to the Premium listing segment of the Official List of the FCA and to the London Stock Exchange's Premium segment of the Main Market.

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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