CVC Income & Growth Limited issues shares to meet demand

Published 28/04/2025, 16:08
CVC Income & Growth Limited issues shares to meet demand

LONDON - CVC Income & Growth Limited has announced the resale of 500,000 treasury Sterling shares on April 28, 2025, to satisfy the growing demand for the company’s shares. The shares were sold at a price of £1.1668 per share.

The transaction has altered the company’s capital structure, which now comprises 81,802,978 ordinary Euro shares with each share entitled to one vote, and 136,834,274 ordinary Sterling shares, each carrying 1.17 votes. Consequently, the total voting rights in the company have reached 241,899,078.

Post-issuance, CVC Income & Growth Limited will retain a substantial number of treasury shares, specifically 62,235,911 ordinary Euro shares and 233,642,787 ordinary Sterling shares, both of which do not carry voting rights.

Shareholders may use the total voting rights figure of 241,899,078 as a reference point to determine the necessity of disclosing changes in their stakes in the company, in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

This equity issue is part of the company’s efforts to manage its share capital effectively and provide liquidity to the market. Investors and shareholders are advised to consider this new total voting rights figure when assessing their investment or notifying changes in share ownership.

The information for this article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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