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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.

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 July to 30 September 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 16 December 2022 with an associated ex-dividend date of 15 December 2022 and a payment date of 31 January 2023.

Hipgnosis Songs Fund Limited and its Investment Adviser announce that the Company has appointed Singer Capital Markets Securities Limited to manage an irrevocable share repurchase programme (the “Share Repurchase Programme”) to buy back ordinary shares within certain pre-set parameters. The Share Purchase Programme will commence today and will run until 8 December 2022.

The Board of Hipgnosis Songs Fund Limited are pleased to announce that further to the announcement of the refinancing of its Revolving Credit Facility (RCF) made on 3 October 2022, the Company has now completed interest rate swap agreements which provide increased certainty over the cost of the Company’s debt.

The Board of Hipgnosis Songs Fund Limited are pleased to announce the successful refinancing of the Company’s debt facilities.

The Board of Hipgnosis Songs Fund Limited, are pleased to announce the Company's interim dividend (the 'Dividend') for the period from 1 April to 30 June 2022 in respect of the Ordinary shares.

Consistent with the dividend timetable set out in the last Annual Report, the Dividend of 1.3125 pence per Ordinary Share will be payable to Shareholders on the register as at 30 September 2022 with an associated ex-dividend date of 29 September 2022 and a payment date of 28 October 2022.

There are positive tailwinds for the Company due to the decision of the US Copyright Royalty Board (CRB) to confirm, and make retroactive, the CRB III increase in mechanical streaming royalty rates for songwriters and publishers between 2018 and 2022, and the anticipated refinance of the Company's credit facilities, which is expected to be completed in October 2022. Accordingly the Board continues to target paying an annual dividend of 5.25 pence per Ordinary Share for the financial period to 31 March 2023.

In addition, the Company announces that its Investment Adviser will host a Capital Markets Day following the publication of the interim results in early December 2022.

Further details of the Capital Markets Day will be notified in due course.

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, Hipgnosis Song Management Limited, announce that at the Fourth Annual General Meeting ("AGM") of the Company held at 10:00 am on 21 September 2022, Ordinary Resolutions 1 to 13 were passed without amendment by the requisite majority. Special Resolutions 14 and 15 were also passed without amendment by the requisite majority.

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 that the Company’s Annual General Meeting (“AGM”) is to be held at United House, 9 Pembridge Road, Notting Hill, London W11 3JY at 10:00 a.m. on 21 September 2022. 

Hipgnosis Songs Fund Limited, which offers investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, Hipgnosis Song Management Limited have agreed ground-breaking digital administration and sub-publishing partnerships with the Society of authors, composers and publishers of music (Sacem) and peermusic. Along with Hipgnosis Songs Group (“HSG”), they will provide a modern, global network for the collection of song royalties for Hipgnosis. 

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, Hipgnosis Song Management Limited, are pleased to announce the Company's final results for the year ended 31 March 2022. 

The Board of Hipgnosis welcome the decision of the US Copyright Royalty Board (CRB) to disallow the appeal by various streaming services against the CRB III determination to increase mechanical streaming royalty rates for songwriters and publishers. 

The increase, which is incremental over the period covered by CRB III (1 January 2018 until 31 December 2022) will culminate in a 44% uplift in the “all in” (mechanical and performance) statutory minimum rates for streaming paid in the US, rising from 10.5% of streaming revenues prior to 2018 to 15.1% in 2022. 

The Board of Hipgnosis are pleased to announce the Company’s interim dividend (the ‘Dividend’) for the period from 1 January to 31 March 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 20 May 2022 with an associated ex-dividend date of 19 May 2022 and a payment date of 15 June 2022. 

The Board of Hipgnosis are pleased to announce the Company’s interim dividend (the ‘Dividend’) for the period from 1 October to 31 December 2021 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 18 February 2022 with an associated ex-dividend date of 17 February 2022 and a payment date of 15 March 2022.

The Board of Hipgnosis, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, Hipgnosis Song Management Limited, are pleased to announce the Company's interim results for the six months ended 30 September 2021...

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, Hipgnosis Song Management Limited, is hosting a virtual Capital Markets Day today, Wednesday, 17 November 2021 starting at 15.00 GMT.

Registration for the webcast is available at: https://www.lsegissuerservices.com/spark/HipgnosisSongsFundLtd/events/c8396b9c-7de6-43a0-9322-8a155e2ca73c

A video recording of the event will be made available on the Company's website at www.hipgnosissongs.com after the event.

These presentations will not contain any material new financial or trading information. The Company will release its Interim Report, for the period ending 30 September 2021, in December.

The Board of Hipgnosis are pleased to announce the Company’s interim dividend (the ‘Dividend’) for the period from 1 July to 30 September 2021 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 29 October 2021 with an associated ex-dividend date of 28 October 2021 and a payment date of 30 November 2021.

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, Hipgnosis Song Management Ltd (formerly The Family (Music) Ltd), will host a virtual Capital Markets Day from 15.00 on Wednesday, 17 November 2021.

The event will consist of a series of presentations on the Company's overall strategy. 

Registration for the live webcast is available at: https://www.lsegissuerservices.com/spark/HipgnosisSongsFundLtd/events/c8396b9c-7de6-43a0-9322-8a155e2ca73c

A video recording of the event will be made available on the Company's website at www.hipgnosissongs.com after the event.

Questions to Merck Mercuriadis, Founder of Hipgnosis Songs Fund Limited and Hipgnosis Song Management, can be submitted prior to the event by email to ir@hipgnosissongs.com.

These presentations will not contain any material new financial or trading information.

For further information, please contact:

NOTES TO EDITORS

About Hipgnosis Songs Fund Limited
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 £1.1 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 and February 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, (formerly The Family (Music) 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, Nick Jarjour, David A. Stewart, Bill Leibowitz, Ian Montone and Rodney Jerkins.

Blackstone and Hipgnosis Song Management launch $1 billion partnership to invest in songs, recorded music, music IP and royalties

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, announce that at the Third Annual General Meeting ("AGM") of the Company held at 10:00 am on 15 September 2021, Ordinary Resolutions 1 to 11 were passed without amendment by the requisite majority. Special Resolutions 12 and 13 were also passed without amendment by the requisite majority.

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that its Annual General Meeting (“AGM”) is to be held at United House, 9 Pembridge Road, Notting Hill, London W11 3JY at 10:00 a.m. on 15 September 2021

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a catalogue from Christine McVie, best known as one of the principal writers and vocalists of one of the most successful bands of all time, Fleetwood Mac. 

Christine McVie made two UK Top 20 albums with Chicken Shack her debut solo album, Christine Perfect, and featured heavily on Fleetwood Mac’s Mr Wonderful, Then Play On and Kiln House, before joining the band permanently in 1970. Between 1971 and 1974, she wrote and sang on five albums for the band, including the platinum certified Bare Trees as well as the gold certified Future Games and Mystery to Me. 

In 1975, Lindsey Buckingham and Stevie Nicks joined Christine McVie and other existing members of Fleetwood Mac, Mick Fleetwood and John McVie, to create the most famous and most consistent version of the iconic band. Their first album together, the self-titled Fleetwood Mac, reached Number 1 on the US Billboard 200 chart and launched the band to musical super-stardom. Christine McVie wrote five songs on Fleetwood Mac including the two Top 20 singles, Over My Head and Say You Love Me. Since its release, the album has been certified 7x platinum in the US and was ranked 182nd by Rolling Stone Magazine on their "The 500 Greatest Albums of All Time" chart. In total, five of this album’s 11 songs were written by Christine McVie.

Fleetwood Mac’s follow up album, ‘Rumours’, became one of the bestselling albums of all time having sold over 45 million copies worldwide. An instant commercial success, Rumours sold over 10 million copies worldwide in the month following its release and won “Album of the Year” at the 1978 Grammy Awards. The album was named by Rolling Stone Magazine as the seventh greatest album of all time, has been certified 2x diamond in the US and Canada, as well as 14x platinum in the UK. ‘Rumours’ produced four Top 10 singles, including Christine McVie’s Don’t Stop, which reached Number 3 in the US, and You Make Loving Fun, which reached Number 9 in the US. Both have been streamed more than 1 billion times each across all services. ‘Rumours’ also included the iconic hit The Chain, which was co-written by Christine McVie and has also been streamed more than 1 billion times globally. In total, five of this album’s 11 songs were written by Christine McVie. 

In 1979, Christine McVie wrote six songs on Fleetwood Mac’s multi-platinum double album Tusk, including the Top 20 single Think About Me. Tusk, which reached Number 1 in the UK and Top 5 in seven countries including the US, has been named by NME in their list of “The 500 Greatest Albums of All Time”, and has sold over 4 million copies worldwide. 

In 1982, Fleetwood Mac released Mirage, which sold over 2 million copies in the US alone and was platinum or gold worldwide. Christine McVie wrote four of the album’s 12 songs, including the singles Hold Me, which reached Number 4 in the US, and Love In Store which made Number 22. 

In 1987, Fleetwood Mac released Tango in the Night, which sold over 15 million copies worldwide making it Fleetwood Mac’s bestselling album since Rumours. Tango in the Night featured four US Top 20 singles, including Christine McVie’s Little Lies, which reached Number 4 in the US and is multi-platinum certified, and Everywhere, which reached Number 4 in the UK, both of which have been streamed over
1 billion times globally. In total, five of this album’s 12 songs were written by Christine McVie. 

With Fleetwood Mac, Christine McVie achieved further global success with the multi-platinum certified and the UK Number 1 album, Behind The Mask, in addition to their Greatest Hits and live albums Live, Greatest Hits and The Dance. In total, eight of the 16 songs on Greatest Hits are Christine McVie’s songs, including its single, As Long As You Follow, and it is one of the  most successful compilation albums of all time. It is certified 8x platinum in the US, 9x platinum in Australia and at 3x platinum in the UK. Six Christine McVie songs are included on the US Number 1 live album ‘The Dance’, which is certified 5x platinum in the US. The recent 40th Anniversary Deluxe Edition of ‘Live’ includes 11 Christine McVie songs out of 33. 

In 1998, as a member of Fleetwood Mac, Christine McVie was inducted into the Rock and Roll Hall of Fame and received the Brit Award for “Outstanding Contribution to Music”. In addition, Christine McVie has been awarded a Gold Badge of Merit Award from The Ivors Academy and the “Ivor Novello Award for Lifetime Achievement” from the British Academy of Songwriters, Composers and Authors.

Throughout her history, Christine McVie made two further solo albums: ‘Christine McVie’ in 1984, which included two US hit singles Got A Hold On Me, which reached Number 10, and Love Will Show Us How, which reached Number 30. The album made Number 26 on the Billboard Top 200. This was followed twenty years later by In The Meantime. In 2017, she reunited with Lindsey Buckingham for Lindsey Buckingham Christine McVie which debuted on the UK Album chart at Number 5 and the Billboard Top 200 in the US at Number 17. The album has been certified silver in the UK. 

Combined with its acquisition from Lindsey Buckingham, Hipgnosis now owns the song copyrights and writers share for 7 of 11 songs on Fleetwood Mac, 8 of 11 songs on Rumours, 15 of 20 songs on Tusk, 9 of 12 songs on Mirage, 9 of 12 songs on Tango In The Night, 11 of 16 songs on Greatest Hits, and 12 of 17 songs on The Dance.

Christine McVie was represented by Business Manager Paul Glass at The Colony Group, Manager Martin Wyatt and Lawyer Mario González. 

Merck Mercuriadis, Founder of The Family (Music) Limited and Hipgnosis Songs Fund Limited, said:

“Christine McVie is one of the greatest songwriters of all time having guided Fleetwood Mac to almost 150 million albums sold and making them one of the best-selling bands of all time globally. In the last 46 years the band have had three distinct writers and vocalists but Christine’s importance is amply demonstrated by the fact that eight of the 16 songs on the band’s Greatest Hits albums are from Christine. It’s wonderful for us to welcome Christine to the Hipgnosis Family and particularly wonderful to reunite her once again at Hipgnosis with Lindsey Buckingham. Between Christine and Lindsey we now have 48 of 68 songs on the band’s most successful albums.”

Christine McVie said: 

“I am so excited to belong to the Hipgnosis family, and thrilled that you all regard my songs worthy of merit. I’d like to thank you all for your faith in me, and I’ll do all I can to continue this new relationship and help in any way I can! Thank you so much!”

Catalogue Playlists:

Spotify

Apple

Key Catalogue Information:

For further information, please contact:

NOTES TO EDITORS

About Hipgnosis Songs Fund Limited
Hipgnosis, which was founded by Merck Mercuriadis, is a Guernsey registered investment trust 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 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, David A. Stewart, Poo Bear, Bill Leibowitz, Ian Montone and Rodney Jerkins.

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, The Family (Music) Limited, are pleased to announce the Company’s interim dividend (the ‘Dividend’) for the period from 1 April to 30 June 2021 in respect of the Ordinary shares.

The Board of Hipgnosis and its Investment Adviser, The Family (Music) Limited, are pleased to highlight today’s publication of the House of Commons’ Digital, Culture, Media and Sport (“DCMS”) Select Committee’s report into the Economics of Music Streaming...

The following Supplementary Prospectus has been approved by the Financial Conduct Authority and is available for viewing: Supplementary Prospectus dated 6 July 2021 (the "Supplementary Prospectus") relating to the Annual Report for the year ended 31 March 2021, which was published on 5 July 2021.

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the music catalogue of Grammy Award-winning songwriter, producer and musician Joel Little. Little has recently been presented with his fourth APRA AMCOS 1,000,000,000 List award for Taylor Swift’s hit, Me!, following his previous honours for Young Dumb & Broke by Khalid, Whatever It Takes by Imagine Dragons and Royals by Lorde...

Hipgnosis Songs Fund Limited is pleased to announce the appointment of Vania Schlogel, the Founder and Managing Partner of the media and entertainment industry-focused investment firm Atwater Capital, as an independent Non-Executive Director of the Company, with immediate effect.

Vania founded the global private equity firm Atwater Capital in 2017, with a vision of uniting the valuable creative aspects of evaluating investments and growing companies with deep operational and financial expertise. The firm invests across the media and entertainment sector with a focus on companies that foster cultural diversity, working with management teams committed to embracing strong ESG practices.

Prior to launching Atwater, Vania served as an executive at a number of leading companies, including as Chief Investment Officer of Roc Nation, the entertainment business founded by the artist Jay-Z. She was previously a member of KKR's Private Equity team, where she specialised in the Media sector and launched the Growth Equity division. Vania began her career in the Leveraged Finance and Capital Markets groups at Goldman Sachs in London and LA.

Her other Board appointments include serving as the Chairwoman of the Board for Epidemic Sound, the platform for restriction-free music that recently raised $450m at a $1.4bn valuation from investment funds managed by Blackstone Growth and EQT Growth. Vania is also Chairwoman of the Board for LEONINE Studios, Germany's leading content production and distribution company.

Vania holds a total of 10,000 ordinary shares in the Company, which equates to 0.001% of the issued share capital.

Save as disclosed above, there are no further details to disclose under paragraphs 9.6.13 R (1) to (6) of the Listing Rules in respect of Vania Schlogel.

Merck Mercuriadis, Founder of The Family (Music) Limited and Hipgnosis Songs Fund Limited, said:

“I am delighted that Vania has agreed to join the Board of Hipgnosis Songs Fund. Vania has a terrific wealth of both Private and Public Market experience and intimate knowledge of the Music Business at the highest levels. That’s an almost unique combination. The work of our Board led by Chair Andrew Sutch, and including Paul Burger, Sylvia Coleman, Simon Holden and Andrew Wilkinson has been an important part of our success. I am certain that Vania will complement this work perfectly and make very valuable contributions. We are all very pleased to welcome Vania to the Hipgnosis family.”  

Vania Schlogel said:

“Hipgnosis has done an incredible job in creating such an innovative and attractive proposition to investors while at the same time supporting some of music’s most important figures. I could not be happier to be joining the Board at this exciting stage in the company’s development.”

For further information, please contact:

NOTES TO EDITORS

About Hipgnosis Songs Fund Limited
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 £1.1 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 and February 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 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 A. Stewart, Bill Leibowitz, Ian Montone and Rodney Jerkins.

Further to its announcement on 16 June 2021, the Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that as a result of significant demand from existing and new investors the Placing has been oversubscribed, exceeding the target amount of £150 million.

The Board of Hipgnosis, the first UK investment company offering investors a pure-play exposure to songs and associated musical intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce the Company's final results for the year ended 31 March 2021...

Hipgnosis Songs Fund Limited, will announce Final Results for the year ended 31 March 2021 on Monday, 5 July 2021. No changes are expected to the 7 June 2021 NAV announcement.

Hipgnosis’ Investment Adviser, The Family (Music) Limited will host a Q&A for analysts via webcast at 12:00pm. Analysts wishing to register should RSVP to FTI Consulting: hipgnosis@fticonsulting.com.

The Board of Hipgnosis and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company intends to raise approximately £150 million by way of a placing of new Ordinary Shares...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to provide a trading update and updated Operative NAV for the year ended 31 March 2021, ahead of publishing full-year results on 29 June 2021.

The Board of Hipgnosis Songs Fund Limited are pleased to announce that the Company has acquired a Catalogue from legendary Grammy Award winning producer, mixer and engineer, Andy Wallace, who is credited on albums with over 120 million sales worldwide... 

On 29 April 2021 the Company issued 9,000,000 new Ordinary Shares at a price of 119.5 pence per Ordinary Share; these shares rank pari passu with the existing Ordinary Shares in issue. The issue price equates to a premium to the Adjusted Operative NAV as at 28 April 2021. The net proceeds will be used to fund an investment in accordance with the Company’s investment policy. 

Hipgnosis Songs Fund Limited is pleased to announce the Company’s interim dividend (the ‘Dividend’) for the period from 1 January to 31 March 2021 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 7 May 2021 with an associated ex-dividend date of 6 May 2021 and a payment date of 28 May 2021.

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a Catalogue from Andrew Wotman, better known as Andrew Watt or just simply Watt, the just awarded 2021 Grammy winner for “Producer Of The Year” for his work with Miley Cyrus, Dua Lipa, Post Malone and Ozzy Osbourne. Watt has co-written five of the Top 100 most streamed songs of all time with Señorita by Shawn Mendes and Camila Cabello (9th), Havana by Camila Cabello featuring Young Thug (16th), Let Me Love You by DJ Snake featuring Justin Bieber (42nd), Eastside by Benny Blanco, Halsey and Khalid (83rd) and Youngblood by 5 Seconds of Summer (88th).

This announcement is made to highlight that the Company has the shareholder authority to issue shares, at a minimum price equal to the latest published Operative Net Asset Value (“NAV”) per Ordinary Share together with a premium intended at least to cover the costs and expenses of issuance. This authority applies up to the amount specified in the authority granted by shareholders in general meeting.

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that, as noted in the Company’s prospectus dated 21 January 2021 (the “Prospectus”), the Company applied to HMRC for approval of the Company as an investment trust company and that such approval has been granted. Accordingly, the Company’s conversion to an investment trust company will take effect from today (and for such Ume as the Company maintains this status). The Company will be treated as being resident in the UK for tax purposes from such date. With effect from this change, the Company will cease to be a Guernsey tax exempt vehicle under The Income Tax (Exempt Bodies) (Guernsey) Ordinance, 1989, as amended. 

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the catalogue of one of the most prolific and successful songwriters in pop history, Carole Bayer Sager. Carole Bayer Sager’s catalogue spans 55 years and contains some of the world’s most popular and successful songs including A Groovy Kind Of Love, When I Need You, Nobody Does It Better, That’s What Friends Are For, Heartlight, The Prayer, Don’t Cry Out Loud, On My Own, It’s The Falling In Love, Arthur's Theme (Best That You Can Do) and Heartbreaker. Carole Bayer Sager is one of the extremely rare EGOT (Emmy, Grammy, Oscar, Tony) nominees and has been decorated with Oscar, Grammy and Golden Globe wins.

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce additional performance disclosures. These will provide an additional lens to analyse the Company’s performance and financial prospects, complementing its annual and interim accounts prepared under IFRS.

Merck Mercuriadis, the founder of Hipgnosis Songs Fund Limited and CEO of its Investment Adviser, The Family (Music) Limited, announces the appointment of Richard Rowe as Executive Vice President, with immediate effect.

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are delighted to announce that Journey’s ‘Don’t Stop Believin’’ has this week hit the one billion stream landmark on Spotify. ‘Don’t Stop Believin’’ becomes only the second classic record to ever achieve this astonishing milestone, alongside Queen’s ‘Bohemian Rhapsody’. This follows ‘Don’t Stop Believin’’, parodied by LadBaby, becoming the 2020 UK Christmas Number 1, the first time it reached the top spot since its release in 1981.

Further to its announcement on 21 January 2021, the Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated musical intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has successfully raised total gross proceeds of £75 million by way of the Initial Placing, Offer for Subscription and Intermediaries Offer.

In addition, at the Extraordinary General Meeting ("EGM") of the Company held at 10.00 am today, the special resolution was passed without amendment by the requisite majority.

 Further to the announcement this morning regarding the Initial Placing, Offer for Subscription and Intermediaries Offer of new Ordinary Shares (“New Ordinary Shares”) (the “Initial Issue”) and new Placing Programmes of new Ordinary Shares and/or C shares (the “Placing Programmes”), the Company announces the publication of a prospectus (the “Prospectus”) containing full details of the Initial Issue and the Placing Programmes. 

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated musical intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce an Initial Placing, Offer for Subscription and Intermediaries Offer of new Ordinary Shares of the Company (the “New Ordinary Shares”) at a price of 121 pence per Ordinary Share (the “Initial Issue Price”) (the “Initial Issue”) and new Placing Programmes of new Ordinary Shares and/or C Shares (the “Placing Programmes”).

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a catalogue from legendary record producer and mixer Bob Rock.

Hipgnosis has acquired 100% of Bob Rock’s producer rights for Metallica’s ‘Metallica’ and Michael Bublé’s ‘Call Me Irresponsible’, ‘Crazy Love’, ‘Christmas’ and ‘To Be Loved’, which in total comprise 43 songs.

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a catalogue from one of the world’s best-selling music artists, Queen of Latin Music, Shakira. 

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has entered into an agreement with a syndicated group of lenders, with JPMorgan Chase Bank as Lead Arranger, to increase its Revolving Credit Facility from $400 million to $600 million. The Company may request an increase in the Revolving Credit Facility commitment by a further $150 million subject to certain conditions. The increased Revolving Credit Facility will be used in line with the Company's proposed financing strategy, and, in accordance with the Company’s investment policy, total borrowings will not exceed 30% of Net Asset Value1. As the Company grows, and given the now significant size of the Revolving Credit Facility, the Company and its Investment Adviser are continuously exploring and evaluating the most appropriate long term gearing strategy to support growth in shareholder value. 

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired 50% of Neil Young’s worldwide copyright and income interests in his entire song catalogue comprising 1,180 songs.

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a catalogue from one of the greatest songwriters, guitarists and producers of all time, Lindsey Buckingham, best known as the lead guitarist and vocalist of Fleetwood Mac.

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the music catalogue of Jimmy Iovine, a legendary and highly influential record producer in the 70’s and 80’s and one of the most important record executives and music entrepreneurs of all time.

The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a share of the music catalogue of Grammy Award winning songwriter, record producer, and punk-funk inventor, Rick James. Hipgnosis has acquired 50% of Rick James’ Publishing interests, Writers’ share, Neighbouring Rights (Sound Exchange) and Recorded Masters (UMG) share of income in his catalogue comprising 97 songs. 

 The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company acquired, as at 30 September 2020, a portfolio of 42 Catalogues (the “Portfolio”) from Kobalt Music Copyrights S.à.r.l., an investment fund owned by family offices and institutional investors and advised by Kobalt Capital Limited, for a total consideration of $322.9 million (the “Acquisition”). The consideration, net of right to income, represents a blended acquisition multiple of 18.3x historic annual income and was funded with the net proceeds from the Company’s September equity fundraising together with the Company’s existing leverage facility. 

 Hipgnosis Songs Fund Limited is pleased to announce the Company’s interim dividend (the ‘Dividend’) for the period from 1 July 2020 to 30 September 2020 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 06 November 2020 with an associated ex-dividend date of 05 November 2020 and a payment date of 30 November 2020. 

The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce the appointment of Grammy Award-winning songwriter, producer and legendary music executive, L.A. Reid, to the Investment Adviser’s Advisory Board in addition to the acquisition of his esteemed catalogue by the Company. Hipgnosis has acquired 100% of L.A. Reid’s Publishing interests and Writers Share of Income in his catalogue comprising 162 songs.

 Further to its announcement on 21 September 2020, Hipgnosis Songs Fund Limited, the first and only UK investment company offering investors a pure-play exposure to songs and associated musical intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has successfully raised total gross proceeds of £190 million. 

The Board of Hipgnosis, the first and only UK investment company offering investors a pure-play exposure to songs and associated musical intellectual property rights, is pleased to announce that the Company intends to raise up to £250 million by way of a placing of new Ordinary Shares (the “Placing”) at a price of 116 pence per Ordinary Share (the “Issue Price”).

In conjunction with the Placing, there will be an offer made on the PrimaryBid platform of new Ordinary Shares at the Issue Price (the "Retail Offer") (together with the Placing the "Issue") to provide retail investors with an opportunity to participate in the equity fundraising alongside institutional investors. A separate announcement will be made shortly regarding the Retail Offer and its terms. For the avoidance of doubt, the Retail Offer is not part of the Placing.

Hipgnosis Songs Fund Limited (the "Company"), the first and only UK investment company offering investors a pure-play exposure to songs and associated musical intellectual property rights, is pleased to announce, a retail offer via PrimaryBid (the “PrimaryBid Offer”) of up to 3,642,583 new Ordinary Shares at a price of 116 pence per Ordinary Share (the “Issue Price”). 

 The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce the appointment of RBC Capital Markets (“RBC”) as joint broker to the Company with immediate effect. 

RBC will act alongside N+1 Singer and JP Morgan Cazenove. 

The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the entire share capital of Big Deal Music Group (the "Acquisition"). 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, announce that the Company has invested approximately 82% of the net proceeds from its July C Share fundraising in accordance with its Investment Objective and Policy. Accordingly, the Board is pleased to announce that the Company intends to convert the C Shares (Ticker: SONC) into Ordinary Shares (Ticker: SONG) (the "Conversion") in accordance with the provisions of its articles of incorporation as amended at the AGM held yesterday.

The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the music catalogue of Chrissie Hynde, founding member, lead vocalist and primary song writer of pioneering rock band The Pretenders.

 Merck Mercuriadis, the founder of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, has announced the immediate appointment of Ted Cockle as President and Amy Thomson as Chief Catalogue Officer. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, announce that at the Second Annual General Meeting (“AGM”) of the Company held at 10.30 am on 8 September 2020, Ordinary Resolutions 1 to 11 were passed without amendment by the requisite majority. Special Resolutions 12 to 14 were also passed without amendment by the requisite majority...

The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, will host a virtual Capital Markets Day for investors and analysts from 14.30 to 16:00 on Friday 11 September 2020. 

The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the music catalogue of musician, songwriter and producer Nikki Sixx, best known as the founding member, bassist, and lead songwriter of Mötley Crüe. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired 50% of the copyright interest and writers share in the song catalogue of one of the most influential hip hop artists, songwriters and producers of all time, and leader of immensely successful Wu-Tang Clan, Robert ‘RZA’ Diggs.

The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the music royalty catalogue of American hip hop and R&B music producer, Ernest ‘Dion’ Wilson, known as ‘No I.D.’. Hipgnosis has acquired 100% of the artist’s worldwide copyrights and publishing royalties, including writer’s share of income, in the Catalogue which comprises 273 songs. 

The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that its Annual General Meeting (“AGM”) is to be held at 2nd Floor, Trafalgar Court, Les Banques, St Peter Port, Guernsey, GY1 2JA on 8 September 2020 at 10:30 a.m. and a class meeting of the C Shareholders is to be held at 2nd Floor, Trafalgar Court, Les Banques, St Peter Port, Guernsey, GY1 2JA on 8 September 2020 at 10:45 a.m. 

The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired 100% of Blondie co-founders, Debbie Harry and Chris Stein’s, Writer’s Share and Neighbouring Rights (Sound Exchange) royalties in their catalogues, comprising 197 songs. 

The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the music royalty catalogue of Barry Manilow, who having sold more than 85 million records is one of the world's bestselling recording artists of all time. 

The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the music catalogue of four time Grammy winner Rodney “Darkchild” Jerkins. Rodney Jerkins will also be joining the Investment Adviser’s Advisory Board with immediate effect. 

The Board of Hipgnosis, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has entered into an agreement with a syndicated group of lenders, with JPMorgan Chase Bank as Lead Arranger, to increase its Revolving Credit Facility from £150 million to $400 million. The increased Revolving Credit Facility will be used in line with the Company’s proposed financing strategy, and in accordance with the investment policy total borrowings will not exceed 30% of Net Asset Value1. 

The Board of Hipgnosis Songs Fund Limited, the first and only UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the music catalogue of three time Grammy winning producer and songwriter, RedOne. 

The following Supplementary Prospectus has been approved by the Financial Conduct Authority and is available for viewing:

Supplementary Prospectus dated 14 July 2020 (the "Supplementary Prospectus") relating to the Annual Report for the year ended 31 March 2020, which was published on 3 July 2020.

Further to its announcement on 2 July 2020, Hipgnosis Songs Fund Limited (“Hipgnosis”), the first and only UK investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that as a result of significant demand from existing and new investors the Placing has been oversubscribed, exceeding the target amount of £200 million. 

 The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce the Company's final results for the year ended 31 March 2020. 

 On 12 June 2020, Hipgnosis Songs Fund Limited (“Hipgnosis”), the first and only UK investment company offering investors a pure-play exposure to songs and associated musical intellectual property rights, announced that its Investment Adviser, The Family (Music) Limited, was in active discussions on a pipeline of Catalogues with an acquisition value of over £1bn and that the Company was therefore exploring raising additional funding for further investments. 

The following Supplementary Prospectus has been approved by the Financial Conduct Authority and is available for viewing: 

Supplementary Prospectus dated 25 June 2020 (the "Supplementary Prospectus") relating to the revised Investment Objective and Policy of the Company, which was adopted at the Extraordinary General Meeting of the Company on 11 June 2020. 

The Supplementary Prospectus should be read and construed in conjunction with the Prospectus dated 27 September 2019 (the "Prospectus"). 

The full documents have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and also on the Company website. 

On 3 June 2020, the Company announced that its Investment Adviser, The Family (Music) Limited, continues to see attractive pricing on Catalogues of the finest quality and is in active discussions on a pipeline with an acquisition value of over £1bn. The Company is exploring the most appropriate way of funding further investments, with a view to delivering further value for its shareholders, including the use of borrowings as described in the Company’s amended borrowing policy (as further considered below), or an equity fundraise. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to provide a trading update ahead of the Company's results for the year ended 31 March 2020, which are expected to be published in July 2020. 

Hipgnosis announces that it will today post to shareholders a circular in relation to the Company seeking approval from Shareholders to adopt an amended borrowing policy (the “Proposed Borrowing Policy”). 

Hipgnosis Songs Fund Limited is pleased to announce the Company’s interim dividend (the ‘Dividend’) for the period from 1 January 2020 to 31 March 2020 in respect of the Ordinary Shares. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired 70% of the music publishing catalogue of seven time Grammy Award winning, Academy Award winning and Golden Globe winning songwriter, artist and producer Mark Ronson. Best known for his collaborations with internationally successful artists including Amy Winehouse, Lady Gaga, Adele, Lily Allen, Christina Aguilera, Miley Cyrus, Kaiser Chiefs, Queens of the Stone Age and Bruno Mars, Mark Ronson has produced or co-written hit songs achieving in excess of 83 Number 1 and 209 Top 10 chart positions globally as well as two songs which have been streamed over 1 billion times on Spotify alone. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has entered into an agreement with a syndicated group of lenders, with JPMorgan Chase Bank as Lead Arranger, to increase its Revolving Credit Facility from £100 million to £150 million. The Company may request an increase in the Revolving Credit Facility commitment by a further £50 million subject to certain conditions. The amended Revolving Credit Facility will provide Hipgnosis with greater flexibility to fund investments and provide additional working capital. In accordance with Hipgnosis' investment policy, any borrowings by the Company will not exceed 20 per cent. of the value of the assets of the Company less its liabilities. 

 The Board of Hipgnosis Songs Fund Limited announces that, following the announcement of the merger of the Ocorian and Estera groups on 10 February 2020, the Company's Administrator and Company Secretary, Estera International Fund Managers (Guernsey) Limited has legally amalgamated with its affiliate company Estera Administration (Guernsey) Limited. The amalgamated company will continue to act in its capacity as administrator and company secretary and will change its name to Ocorian Administration (Guernsey) Limited on 6 April 2020. 

 The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that FTSE Russell has confirmed that Hipgnosis will be added as a constituent of the FTSE 250 Index effective from after the market close on 20 March 2020. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the music catalogue of Songwriters Hall of Fame and Rock and Roll Hall of Fame inductee Richie Sambora. Richie is a legendary guitarist, singer, songwriter and producer, most notably known as the lead guitarist and co-writer of the American rock band Bon Jovi.

 On 13 January 2020, Hipgnosis announced that approximately 95% of the net proceeds of the C Share fundraising from October 2019 had been invested. The Company is now contemplating a further equity raise under its Placing Programme pursuant to the prospectus published on 27 September 2019 to fund investments in line with its investment policy, with a view to delivering further value for its shareholders. 

 Further to the announcement on 7 February 2020, following the conversion of the Company’s C Shares into Ordinary Shares on 10 February 2020, the Directors’ interests in the share capital of the Company are as follows: 

 The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from 3 times Ivor Novello award winning British songwriter and producer, Brian Higgins. Over the last 25 years Brian Higgins has produced and co-written in excess of 35 top 10 hits including for globally successful artists Cher, Kylie Minogue, Girls Aloud and The Sugababes. 

 Hipgnosis Songs Fund Limited is pleased to announce the Company’s interim dividend (the ‘Dividend’) for the period from 1 October to 31 December 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 31 January 2020 with an associated ex-dividend date of 30 January 2020 and a payment date of 21 February 2020. 

 The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Ammar Malik whose songs have sold over 100 million copies and been streamed over 10 billion times worldwide as well as achieving 108 Number 1 and 310 Top 10 Chart positions globally. 

 The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has invested £214 million of the proceeds of its C Share fundraising from October 2019 in accordance with its Investment Objective and Policy. This represents approximately 95% of the net proceeds of the C Share fundraising. 

 The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Emile Haynie, an award-winning American producer who has collaborated on some of the most iconic hip hop and pop albums of all time. 

 The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Tom DeLonge, an American musician, singer, songwriter, producer, and co-founder of one of the millennium’s most popular bands, Blink-182. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Savan Kotecha, an Indian-American songwriter and producer whose songs have been nominated for 17 Grammy Awards and who has just been named Music Week’s “Songwriter Of The Year” for 2019... 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from songwriter, producer and Snow Patrol keyboardist Johnny McDaid. Johnny has co-written songs with Ed Sheeran, Pink, Shawn Mendes, Robbie Williams and Snow Patrol that have streamed over 20 billion times and earned over 600 platinum awards and 14 diamond awards. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from the 5 times Grammy Award winning producer, songwriter and multi-instrumentalist Jeff Bhasker. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce the Company's interim results for the six months ended 30 September 2019. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue by the English indie band, the Kaiser Chiefs from B-Unique...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from British songwriter and producer, Fraser T. Smith who has co-written, mixed and produced seven UK Number 1 and two US Number 1 singles, as well as contributing to 17 Number 1 albums. 

Hipgnosis Songs Fund Limited is pleased to announce the appointment of Sylvia Coleman as an independent Non-Executive Director of the Company...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that, following the Company’s semi-annual valuation of its Song Portfolio by an independent valuer, the Company’s unaudited Operative Net Asset Value ('Operative NAV') as at 30 September 2019 has increased by 5.03% to 108.46 pence per Ordinary Share (31 March 2019: 103.27 pence). 

Hipgnosis was delighted to be welcomed to the London Stock Exchange on 15 November to celebrate its successful admission to the Premium Segment of the Official List and on the completion of four equity fundraises since its launch in June 2018...

 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. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, announce that at the Extraordinary General Meeting (“EGM”) of the Company held at 10.00 am, 17 October 2019, Special Resolution 1 was passed without amendment by the requisite majority...

Further to its announcement on 27 September 2019, Hipgnosis and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has raised total gross proceeds of £231 million by way of the Initial Placing, Offer for Subscription and Intermediaries Offer of C Shares. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Timbaland, an American record producer, rapper, singer, songwriter and DJ who is widely regarded as the most successful and influential producer in the history of Hip Hop. 

Further to the announcement on 10 September 2019, Hipgnosis announces an Initial Placing, Offer for Subscription and Intermediaries Offer of C shares of the Company (the “C Shares”) at a price of 100 pence per C Share (the “Initial Issue Price”) (the “Initial Issue”) and Placing Programmes of up to 1 billion new Ordinary Shares and/or C Shares (the “Placing Programmes”)...

Further to the announcement this morning regarding the Initial Placing, Offer for Subscription and Intermediaries Offer of C Shares (“C Shares”) (the “Initial Issue”) and Placing Programmes of up to 1 billion new Ordinary Shares and/or C shares (the “Placing Programmes”, the Company announces the publication of a prospectus (the “Prospectus”) containing full details of the Initial Issue and the Placing Programmes. 

The Prospectus will be available for viewing at the National Storage Mechanism at www.morningstar.co.uk/uk/nsm and the Company's website (www.hipgnosissongs.com). Copies will also be available at the Company's registered office at PO Box 286, Floor 2, Trafalgar Court, Les Banques, St Peter Port, Guernsey GY1 4LY during normal office hours. 

Defined terms in this announcement will have the same meaning as defined in the Prospectus. 

Further to the announcement of 10 September 2019, Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that applications have been made to the Financial Conduct Authority ("FCA") for its entire issued share capital, being 389,356,341 ordinary shares ("Ordinary Shares"), to be admitted to the Premium listing segment of the Official List of the FCA ("Official List") and to the London Stock Exchange plc for its Ordinary Shares to be admitted to trading on the Premium segment of the Main Market ("Admission"). Admission is expected to become effective at 8:00am on Wednesday, 25 September 2019. 

 Hipgnosis Songs Fund is today hosting a Capital Markets Day for institutional investors. 

The event will include presentations from Merck Mercuriadis, Founder of The Family (Music) Limited and Hipgnosis, the Company’s Independent Valuer, Massarsky Consulting, Inc and representatives from the Investment Advisor’s Advisory Board including Nile Rodgers, David A. Stewart, Giorgio Tuinfort and William Leibowitz, a founding partner of Roberts, Leibowitz and Hafitz PLLC, who is a specialist in intellectual property law in the entertainment industry. 

These presentations will not contain any material new financial or trading information. 

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...

Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce the appointment of J.P. Morgan Securities plc (which conducts its UK investment banking activities as J.P. Morgan Cazenove) (“J.P. Morgan Cazenove”) as joint broker to the Company with immediate effect. 

J.P. Morgan Cazenove will act alongside N+1 Singer...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, announce that the Company is considering increasing its capital base through an issue of C shares at a price of 100 pence per C share, targeting gross proceeds of £300 million (the “Issue”). It is anticipated that the structure of any fundraising will include an issue of C shares, an offer for subscription and intermediaries offer, and another 12 month share issuance programme...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has signed a Revolving Credit Facility (the “RCF”) of £65 million from JPMorgan Chase Bank (as Lead Arranger)...

Further to its announcement earlier today, Hipgnosis and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has successfully raised approximately £51.1 million at a price of 105.5 pence per share, principally from existing shareholders, and accordingly the Placing has now closed...

On 14 August 2019, Hipgnosis announced that it had fully committed its available capital resources to investment opportunities and that it was therefore contemplating an equity raise to finance its growing near-term pipeline of opportunities. 

Accordingly, the Company today announces a placing of new ordinary shares (the “Placing”) at a price of 105.5 pence per Ordinary Share (the “Placing Price”)...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from The Chainsmokers, the 14th most streamed artist globally on Spotify with 41 million monthly listeners. In total, the songs in the catalogue have been certified 20x Platinum and 2x Gold by the Recording Industry Association of America (RIAA) and 9x Platinum and 2x Silver by the British Phonographic Industry (BPI)... 

Hipgnosis announces that, following consultation with its major shareholders, it will withdraw the resolution at the General Meeting to be held on 21 August 2019 to increase the Company’s borrowing powers and is instead contemplating an equity raise in Q3 of 2019 to finance its growing near-term pipeline of opportunities...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Benny Blanco, an American musician, songwriter and record producer who has written 29 Number 1 songs and is responsible for the sale of hundreds of millions of albums worldwide... 

Hipgnosis announces that it will today be posting to shareholders a circular in relation to the Company seeking approval from Shareholders to adopt an amended borrowing policy (the “Proposed Borrowing Policy”)...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce the Company’s maiden final results for the period from 8 June 2018, the date of incorporation, to 31 March 2019, the Company’s financial year end. 

Hipgnosis Songs Fund Limited is pleased to announce the Company’s interim dividend (the ‘Dividend’) for the period from 1 April 2019 to 30 June 2019. 

The Dividend of 1.25 pence per Ordinary Share will be payable to Shareholders on the register as at 2 August 2019 with an associated ex-dividend date of 1 August 2019 and a payment date of 30 August 2019. 

 Hipgnosis Songs Fund Limited is pleased to announce that its Annual General Meeting is to be held at The Tapestry Room, The Ned, 27 Poultry, London on 10 September 2019 at 10.30 am. 

The Notice of Annual General Meeting, together with the Form of Proxy, have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM and will shortly be available to download from the Company’s website at www.hipgnosissongs.com. The Annual Report and Financial Statements for the period from 8 June 2018 to 31 March 2019 will also be available to download from the Company’s website. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Sam Hollander, an American songwriter and producer whose songs have achieved 10 Number 1, 47 Top 5 and 74 Top 10 Chart positions globally. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Michael Knox, an American music producer best known for discovering and producing for the American country music singer Jason Aldean. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired the music catalogue of Al Jackson Jr., an American drummer, producer, and songwriter...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Ari Levine, a multi-Grammy nominated songwriter and producer, best known for his work as a member of the three-piece writing and producing group The Smeezingtons (whose members also include Bruno Mars and Philip Lawrence)...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Jamie Scott, a British song writer and record producer responsible for 84 Number 1, 188 Top 5 and 247 Top 10 Chart positions globally... 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from David A. Stewart. David A. Stewart is an English musician, songwriter, and record producer, best known for Eurythmics, his successful partnership with Annie Lennox...

Hipgnosis Songs Fund Limited is pleased to announce that it has changed its registered office address to PO Box 286, Floor 2, Trafalgar Court, Les Banques, St Peter Port, Guernsey, GY1 4LY with immediate effect. 

 Hipgnosis Songs Fund Limited is pleased to announce the Company’s third interim dividend (the ‘Dividend’) for the period from 1 January 2019 to 31 March 2019. 

The Dividend of 1.25 pence per Ordinary Share will be payable to Shareholders on the register as at 3 May 2019 with an associated ex-dividend date of 2 May 2019 and a payment date of 31 May 2019. 

As set out in the Company’s prospectus, Hipgnosis is targeting a dividend for the first 12 months following admission of 3.5 pence* and intends to pay interim quarterly dividends to shareholders in November, February, May and August. 

* the target dividend is a target only and is not a profit forecast. There can be no guarantee that this target will be met and it should not be taken as an indication of the Company’s expected or actual future results. 

 The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Brittany Hazzard, aka Starrah, an American songwriter, producer and singer whose songs have achieved 94 Number 1, 199 Top 5 and 277 Top 10 Chart positions globally. 

 On 1 April 2019, Hipgnosis announced that it had, since IPO, acquired, or entered into exclusivity agreements to acquire, catalogues with a total value of £234.1 million, that the Investment Adviser had identified a number of further significant catalogues for potential acquisition and that the Company is contemplating an equity raise in Q2 of 2019. 

 Further to its announcement on 12 April 2019, Hipgnosis and its Investment Adviser, The Family (Music) Limited, are pleased to announce that as a result of increased institutional demand from existing investors the Placing has been oversubscribed, significantly exceeding the target amount of £100 million...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue of Teddy Geiger’s copyright interest in six global hit songs written for Shawn Mendes. Teddy Geiger is an American singer-songwriter and musician, best known for her co-writing work with the global super-star, and multi-platinum selling, Canadian singer and artist Shawn Mendes. Shawn Mendes became the first artist to have four Number 1 songs on the Billboard Adult Top 40 radio airplay chart before turning 20 years old, with ‘Stitches’, ‘Treat You Better’, ‘There’s Nothing Holding Me Back’ and ‘In My Blood’. In addition, he has over 42 million followers on Instagram and his videos have been viewed 6 billion times...

 The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that, since IPO, the Company has acquired, or entered into exclusivity agreements to acquire, catalogues with a total value of £234.1 million, which represents an aggregate multiple of 12.63x historic annual net income...

 The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired 3 catalogues of songs. The catalogues include songs that have globally achieved Top 10 positions on 607 charts, Top 5 on 420 charts and, most importantly, Number 1 on over 148 charts around the world. The acquired songs have also been nominated for 11 Grammy Awards and winning 2. Included in the catalogues are the Number 1 songs “Yeah" by Usher, “Check On It” by Beyoncé, “We Belong Together” by Mariah Carey – Billboard Magazine’s “Song Of The Decade” 2000 - 2009, and “Be Without You” by Mary J. Blige - which Billboard Magazine ranked as the most successful R&B/Hip-Hop Song of all time...

The legendary musician, producer, songwriter Nile Rodgers will host a special Brit Awards Viewing Party at London’s Historic The Ned on February 20, 2019. The exclusive party will be limited to 400 people and will kick off at 6:30 pm with a drinks reception hosted by Nile which will then be followed by food and a viewing of the Brit Awards telecast from 8 pm to 10 pm. The culmination of the evening will be a special performance by Nile Rodgers & CHIC and special guests before everyone heads for the after parties at midnight! 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Itaal Shur, best known for co-writing the multi platinum song ’Smooth’ which according to Billboard magazine is the second most successful song of all time...

Hipgnosis Songs Fund Limited is pleased to announce the Company’s second interim dividend (the ‘Dividend’) for the period from 1 October to 31 December 2018. 

The Dividend of 0.50 pence per Ordinary Share will be payable to Shareholders on the register as at 1 February 2019 with an associated ex-dividend date of 31 January 2019 and a payment date of 28 February 2019. 

As set out in the Company’s prospectus, Hipgnosis is targeting a dividend for the first 12 months following admission of 3.5 pence* and intends to pay interim quarterly dividends to shareholders in November, February, May and August. 

* the target dividend is a target only and is not a profit forecast. There can be no guarantee that this target will be met and it should not be taken as an indication of the Company’s expected or actual future results. 

 The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired six music catalogues since its IPO in July 2018...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Giorgio Tuinfort. In addition to winning multiple Grammy Awards, Giorgio Tuinfort has written 23 number 1 singles and has won the prestigious BMI Songwriter Award an unprecedented 30 times. The Company has acquired 100% of Giorgio Tuinfort’s interest in the catalogue...

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Christopher “Tricky” Stewart, an American record producer, songwriter, music publisher and multiple Grammy winner. The Company has acquired a 100% interest in the catalogue including ASCAP (American Society of Composers, Authors and Publishers) income...

The Company is pleased to announce its Interim Results for the period from 8 June 2018 (Date of Incorporation) to 30 September 2018. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from TMS, an English songwriting and music production team comprised of Thomas ‘Froe’ Barnes, Benjamin Kohn and Peter ‘Merf’ Keller. The Company has acquired a 100% interest in the catalogue except for the writers’ share of performance income. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a 37.5% interest in the Bernard Edwards music catalogue. Bernard Edwards is best known for his partnership with Nile Rodgers, together founding CHIC in 1976 and co-writing Number 1 songs for bands and artists including CHIC, Sister Sledge and Diana Ross. Nile Rodgers is a member of The Family (Music) Limited’s Advisory Board and continues to promote and perform numerous songs within the catalogue...

 Hipgnosis Songs Fund Limited is pleased to announce its Operative Net Asset Value(1) as at 30 September 2018 was £199.6 million, or 98.74 pence per Ordinary Share, with a corresponding IFRS Net Asset Value(2) of £197.5 million, or 97.68 pence per Ordinary Share. 

The Company’s interim results for the period ended 30 September 2018 are expected to be released in the first half of December. 

(1) For investor reporting purposes, an Operative Net Asset Value is calculated where the value of songs and associated musical intellectual property rights are based on fair values produced by the Investment Adviser, and opined on by an Independent Valuer, as an alternative performance measure. 

(2) In accordance with IFRS, songs and associated musical intellectual property rights are classified as intangible assets and measured at amortised cost or cost less impairment. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a music catalogue from Jason Boyd, a US-based songwriter and producer better known by his professional name Poo Bear. Poo Bear has collaborated, and had Top 10 hits, with some of the biggest artists over the last 20 years, including Usher, David Guetta, DJ Khaled, Chris Brown, Fifth Harmony, Jennifer Lopez and Skrillex, but is best known as one of Justin Bieber’s closest collaborators. 

 Hipgnosis Songs Fund Limited is pleased to announce the Company’s first interim dividend (the ‘Dividend’) for the period from admission to 30 September 2018. 

The Dividend of 0.50 pence per Ordinary Share will be payable to Shareholders on the register as at 2 November 2018 with an associated ex-dividend date of 1 November 2018 and a payment date of 29 November 2018. 

As set out in the Company’s prospectus, Hipgnosis is targeting a dividend for the first 12 months following admission of 3.5 pence* and intends to pay interim quarterly dividends to shareholders in November, February, May and August. 

* the target dividend is a target only and is not a profit forecast. There can be no guarantee that this target will be met and it should not be taken as an indication of the Company’s expected or actual future results. 

The Board of Hipgnosis Songs Fund Limited is pleased to announce the appointment of Paul Burger as a Non-executive Director of the Company on 30 July 2018. Mr Burger will also assume the responsibility of Chairman of the Portfolio Committee with immediate effect. 

The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has reached agreement to acquire its first music catalogue from Terius Youngdell Nash, better known by his stage name The-Dream...

Further to the announcement on 6 July 2018, Hipgnosis Songs Fund Limited is pleased to announce that 202,176,800 ordinary shares of nil par value ("Ordinary Shares") will today be admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange ("Admission"). The Ordinary Shares will trade under the ticker "SONG" (ISIN: GG00BFYT9H72)...

On 29 June 2018, Hipgnosis Songs Fund Limited, the first investment company to be admitted to trading on the main market of the London Stock Exchange offering pure-play exposure to Songs and associated musical intellectual property rights, announced that it had successfully raised gross proceeds of £200 million pursuant to the Initial Placing of its ordinary shares (the “Ordinary Shares”) as described in the prospectus published by the Company on 27 June 2018 (the “Prospectus”). The Initial Placing was oversubscribed with demand exceeding the target fundraise amount of £200 million and accordingly applications were scaled back so that commitments under the Initial Placing equal the £200 million target amount. 

Hipgnosis Songs Fund Limited (“Hipgnosis” or the "Company"), the first investment company to be admitted to trading on the main market of the London Stock Exchange offering pure-play exposure to Songs and associated musical intellectual property rights, is pleased to announce its intention to seek admission to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange plc (“Admission”) and an associated fund-raising targeting approximately £200 million by way of a placing and offer for subscription of Ordinary Shares (the “Issue”). The Company aims to provide investors with an attractive and growing level of income and capital growth through acquiring Songs and associated copyrights.

Further to the announcement on 27 June 2018, the Company is pleased to announce the publication of a prospectus, dated 27 June 2018 (the "Prospectus"), in relation to the Company's proposed admission of its ordinary shares (the "Ordinary Shares") to trading on the Specialist Fund Segment of the London Stock Exchange’s main market and an associated fund-raising targeting approximately £200 million by way of a placing and offer for subscription of Ordinary Shares. In addition, pursuant to the Prospectus, a placing programme will allow the Company to issue up to 750 million further Ordinary Shares and/or C Shares in the 12 months from the date of publication of the Prospectus.