REG - Hipgnosis Songs Fund - Dividend Declaration

Hipgnosis Songs FundAnnouncement

16/03/2023 07:00

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RNS Number : 1414T  Hipgnosis Songs Fund Limited  16 March 2023

LEI: 213800XJIPNDVKXMOC11

16 March 2023

 

HIPGNOSIS SONGS FUND LIMITED

 (the "Company" or "Hipgnosis")

 

Interim Dividend Announcement

 

The Board of Hipgnosis, the first UK listed investment company offering
investors a pure-play exposure to songs and associated musical intellectual
property rights, and its Investment Adviser, Hipgnosis Song Management
Limited, are pleased to announce the Company's interim dividend (the
'Dividend') for the period from 1 October to 31 December 2022 in respect of
the Ordinary shares.

 

The Dividend of 1.3125 pence per Ordinary Share will be payable to
Shareholders on the register as at 24 March 2023 with an associated
ex-dividend date of 23 March 2023 and a payment date of 28 April 2023.

 

 

For further information, please contact:

 Hipgnosis Song Management Limited

 Merck Mercuriadis

 Giles Croot (Media)                                            +44 (0)20 4542 1511

 Rufina Pavry (Investors)                                       +44 (0)20 4542 1530

 Singer Capital Markets - Joint Corporate Broker                +44 (0)20 7496 3000

 James Moat / James Maxwell / Alex Emslie (Corporate Finance)

 Alan Geeves / James Waterlow / Sam Greatrex (Sales)

 J.P. Morgan Cazenove - Joint Corporate Broker                  +44 (0)20 7742 4000

 William Simmonds / Jérémie Birnbaum (Corporate Finance)

 James Bouverat (Sales)

 RBC Capital Markets - Joint Corporate Broker                   +44 (0)20 7635 4000

 Elliot Thomas / Max Avison (Corporate Finance)

 Lisa Tugwell / Anastasia Mikhailova (Sales)

 Ocorian - Company Secretary & Administrator                    +44 (0) 28 9693 0222

 Lorna Zimny

 The Outside Organisation                                       +44 (0)7711 081 843

 Alan Edwards / Nick Caley

 FTI Consulting                                                 +44 (0)7771 978220; +44 (0)7809 411882; +44 (0)7761 332646

 Neil Doyle/ Paul Harris/ Laura Ewart
 All US music publicity enquiries                               +1 917 767 5255

 Fran Defeo

NOTES TO EDITORS

About Hipgnosis Songs Fund Limited

(www.hipgnosissongs.com (http://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 almost £1.3 billion (gross equity capital) through its
Initial Public Offering on 11 July 2018, and subsequent issues in April 2019,
August 2019, October 2019, July 2020, September 2020, February 2021 and July
2021. 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, and in March
2020 became a constituent of the FTSE 250 Index. Since April 2021, the
Company has been resident in the UK for tax purposes and is recognised as an
investment trust under applicable HMRC regulations.

About Hipgnosis Song Management Limited

 

The Company's Investment Adviser is Hipgnosis Song Management 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 Hipgnosis Song Management
Limited Advisory Board include Nile Rodgers, The-Dream, Giorgio Tuinfort,
Starrah, David A. Stewart, Poo Bear, Bill Leibowitz, Ian Montone and Rodney
Jerkins.

 

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