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LONDON - CVC Income & Growth Limited announced on Tuesday the details of its July 2025 share conversion between its Sterling and Euro share classes, with new shares to be issued on July 31.
Based on the net asset values as of June 30, 2025, the company established conversion ratios of 0.784393 Sterling Shares per Euro Share and 1.274847 Euro Shares per Sterling Share.
The company received eligible conversion notices from shareholders for 954,537 Euro Shares and 28,565 Sterling Shares by the specified deadline. This will result in the issuance of 748,732 new Sterling Shares and 36,416 new Euro Shares on the conversion date.
CVC Income & Growth has applied for the admission of these new shares to the Official List of the UK Listing Authority and the main market for listed securities of the London Stock Exchange (LON:LSEG). Trading in the new Sterling Shares is expected to commence on July 31, 2025.
The company stated it will announce the revised number of total voting rights following the completion of the conversion.
The information is based on a press release statement issued by CVC Income & Growth Limited.
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