CVC Income & Growth resells 500,000 shares to meet demand

Published 26/02/2025, 16:40
CVC Income & Growth resells 500,000 shares to meet demand

LONDON - CVC Income & Growth Limited has announced the resale of 500,000 Sterling shares from its treasury stock to satisfy investor demand. The transaction took place on February 26, 2025, with shares priced at £1.1963 each.

Post-transaction, the total issued share capital of the company, excluding treasury shares, comprises 81,802,978 ordinary Euro shares and 130,634,274 ordinary Sterling shares, both with no par value. Each Euro share is entitled to one vote, while each Sterling share carries 1.17 votes, bringing the total voting rights in the company to 234,645,078.

The company has retained a significant number of shares in treasury, amounting to 62,235,911 ordinary Euro shares and 239,842,787 ordinary Sterling shares, which do not carry voting rights.

Shareholders may use the total voting rights figure of 234,645,078 as the denominator for calculations to determine if they are obliged to disclose any changes in their shareholding as per the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

This financial operation is aimed at facilitating the ongoing market demand for CVC Income & Growth’s shares, reflecting the company’s response to investor interest. The information, based on a press release statement, is distributed by RNS, a news service of the London Stock Exchange (LON:LSEG), and is authorized by the Financial Conduct Authority in the UK.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.