Hipgnosis Song. Regulatory News (SONG)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose relevant securities this form relates:

HIPGNOSIS SONGS FUND LTD/THE FUND

(d)

If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

(e)

Date position held/dealing undertaken:

18 Apr 2024

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

NO

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing(if any)

Class of relevant security:

ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

14,736,092

1.22%

1,690,546

0.14%

(2) Cash-settled derivatives:

1,527,221

0.13%

14,359,707

1.19%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

16,263,313

1.34%

16,050,253

1.33%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

ordinary

Purchase

1948

0.9140 GBP

ordinary

Purchase

3702

0.9160 GBP

ordinary

Purchase

9250

0.9198 GBP

ordinary

Purchase

16632

0.9200 GBP

ordinary

Purchase

22671

0.9255 GBP

ordinary

Purchase

52320

0.9264 GBP

ordinary

Purchase

72569

0.9146 GBP

ordinary

Purchase

72820

0.9150 GBP

ordinary

Purchase

85000

0.9205 GBP

ordinary

Purchase

87338

0.9170 GBP

ordinary

Purchase

141029

0.9153 GBP

ordinary

Purchase

205852

0.9208 GBP

ordinary

Purchase

286809

0.9183 GBP

ordinary

Purchase

359234

0.9164 GBP

ordinary

Purchase

404309

0.9196 GBP

ordinary

Purchase

500000

0.9170 GBP

ordinary

Purchase

632479

0.9188 GBP

ordinary

Purchase

888602

0.9147 GBP

ordinary

Purchase

970061

0.9143 GBP

ordinary

Purchase

1086910

0.9142 GBP

ordinary

Purchase

1885021

0.9192 GBP

ordinary

Purchase

2365906

0.9178 GBP

ordinary

Purchase

4300000

0.9254 GBP

ordinary

Sale

3896

0.9270 GBP

ordinary

Sale

4365

0.9190 GBP

ordinary

Sale

5143

0.9180 GBP

ordinary

Sale

8300

0.9160 GBP

ordinary

Sale

12564

0.9229 GBP

ordinary

Sale

19307

0.9172 GBP

ordinary

Sale

22682

0.9198 GBP

ordinary

Sale

36079

0.9170 GBP

ordinary

Sale

38226

0.9159 GBP

ordinary

Sale

43752

0.9164 GBP

ordinary

Sale

66948

0.9168 GBP

ordinary

Sale

70181

0.9140 GBP

ordinary

Sale

85000

0.9175 GBP

ordinary

Sale

207791

0.9204 GBP

ordinary

Sale

332936

0.9201 GBP

ordinary

Sale

342501

0.9200 GBP

ordinary

Sale

369867

0.9207 GBP

ordinary

Sale

396485

0.9150 GBP

ordinary

Sale

711078

0.9169 GBP

ordinary

Sale

2500000

0.9191 GBP

ordinary

Sale

5339634

0.9135 GBP

ordinary

Sale

6166668

0.9144 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

ordinary

SWAP

Opening Long

8,300

0.9229 GBP

ordinary

SWAP

Opening Long

11,173

0.9213 GBP

ordinary

SWAP

Opening Long

16,632

0.9200 GBP

ordinary

SWAP

Opening Long

47,338

0.9170 GBP

ordinary

SWAP

Opening Long

51,936

0.9221 GBP

ordinary

SWAP

Opening Long

109,649

0.9213 GBP

ordinary

SWAP

Opening Long

647,969

0.9188 GBP

ordinary

SWAP

Opening Long

1,775,372

0.9191 GBP

ordinary

CFD

Opening Short

141

0.9270 GBP

ordinary

CFD

Opening Short

1,441

0.9160 GBP

ordinary

SWAP

Opening Short

2,901

0.9255 GBP

ordinary

SWAP

Opening Short

17,526

0.9150 GBP

ordinary

CFD

Opening Short

22,671

0.9255 GBP

ordinary

SWAP

Opening Short

49,419

0.9265 GBP

ordinary

CFD

Opening Short

118,840

0.9199 GBP

ordinary

SWAP

Opening Short

4,300,000

0.9254 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

19 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213