Caesars Entertainment misses Q2 earnings expectations, shares edge lower
LONDON - CVC Income & Growth Limited, a London-based investment company, announced today the resale of 250,000 Sterling shares from its treasury. The transaction was conducted at a price of £1.1668 per Sterling Share, in response to the ongoing demand for the company’s shares.
Following the sale, the company’s issued share capital, excluding treasury shares, now comprises 81,802,978 ordinary Euro shares and 137,584,274 ordinary Sterling shares, both with no par value. Each ordinary Euro share is entitled to one vote, while each ordinary Sterling share carries 1.17 votes.
The total voting rights in the company have now reached 242,776,578, with ordinary Euro shares contributing 81,802,978 votes and ordinary Sterling shares accounting for 160,973,600 votes.
CVC Income & Growth also disclosed its current treasury holdings, which include 62,235,911 ordinary Euro shares and 232,892,787 ordinary Sterling shares, both categories non-voting.
The company has advised shareholders that the total voting rights figure of 242,776,578 should be used as the denominator for calculations related to the disclosure of changes in share ownership as per the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
This resale of shares is a financial activity aimed at satisfying investor interest in CVC Income & Growth Limited’s equity. The information in this article is based on a press release statement.
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