TIDMRHM

RNS Number : 5185R

Round Hill Music Royalty Fund Ltd

05 November 2021

5 November 2021

ROUND HILL MUSIC ROYALTY FUND LIMITED

("RHM" or the "Company")

Senior Manager Retires

The Board of Round Hill Music Royalty Fund Limited advises that Neil Gillis has decided to retire from full time employment at Round Hill Music LP when his contract expires on 28 February 2022, to allow him some personal time to take up producing and teaching music.

In August 2020, Steve Clark joined Round Hill as Global Chief Operating Officer from Warner Chappell Music. Over the past year, there has been a gradual transition of operational oversight within the Investment Manager from Neil to Steve and the Board of RHM looks forward to continuing its good working relationship with Josh and Steve, while wishing Neil well as he steps back and chooses to enjoy more personal time with his family.

FOR FURTHER INFORMATION

Round Hill

   Josh Gruss, Chairman and CEO   via Buchanan below

Neil Gillis, President

Steve Clark, COO

Cenkos

Sales:

   Justin Zawoda-Martin    +44 20 7397 1923 
   Daniel Balabanoff            +44 20 7397 1909

Andrew Worne +44 20 7397 1912

Corporate:

   James King          +44 20 7397 1913 
   Will Talkington   +44 20 7397 1910

Buchanan

Charles Ryland +44 20 7466 5107

   Henry Wilson     +44 20 7466 5111

Hannah Ratcliff +44 20 7466 5102

Notes:

Unless the context otherwise requires, capitalised terms used in this announcement have the meanings in the Prospectus.

The Company is a non-cellular Guernsey company. The Company's Investment Objective is to provide investors with an attractive level of regular and growing income and capital returns from investment primarily in high quality, music intellectual property. In order to achieve its Investment Objective, the Company will invest in a songwriter's copyright interest in a musical composition or song (being their writer's share, their publisher's share and their performance rights) together with the rights in the recording of the musical composition or song (known as the master recording rights) together with all such rights and assets considered by its investment manager, Round Hill Music LP ("Round Hill"), to be ancillary thereto.

Founded in 2010, Round Hill is a fully integrated owner and operator of music copyright properties and the sixth largest music publishing company in the US. Headquartered in New York with additional offices in Nashville, Los Angeles and London, Round Hill has an experienced management and investment team with an established reputation and extensive experience in the music and finance industries.

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END

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November 05, 2021 07:59 ET (11:59 GMT)

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