Hipgnosis Songs Fund Says HY EBITDA Up 16.9% YOY To $63.8 Mln

Hipgnosis Songs Fund Ltd SONC:

• HIPGNOSIS SONGS FUND LTD: HY GROSS REVENUE UP 7.5% YEAR-ON-YEAR TO $91.7 MILLION, HY EBITDA UP 16.9% YEAR-ON-YEAR TO $63.8 MILLION

• HIPGNOSIS SONGS FUND LTD: IN WIDER MUSIC MARKET, PEOPLE CONTINUE TO LISTEN TO AND PAY FOR MUSIC IRRESPECTIVE OF COST OF LIVING CHALLENGES

• HIPGNOSIS SONGS FUND LTD: NEW REVOLVING CREDIT FACILITY AND INTEREST RATE SWAPS AGREED