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LONDON - CVC Income & Growth Limited announced Wednesday it has resold 1.2 million Sterling shares from treasury for cash at a price of £1.2015 per share to meet ongoing demand for the company’s shares.
Following the transaction, the company’s issued share capital, excluding treasury shares, will consist of 82,870,790 ordinary Euro shares of no par value and 155,537,069 ordinary Sterling shares of no par value.
Each ordinary Euro share carries one vote, while each ordinary Sterling share carries 1.17 votes. The total number of voting rights in the company will be 264,849,160, with the Euro shares accounting for 82,870,790 votes and the Sterling shares accounting for 181,978,370 votes.
After the transaction, CVC Income & Growth will continue to hold 60,249,978 ordinary Euro shares and 215,660,159 ordinary Sterling shares in treasury, none of which carry voting rights.
The company noted that shareholders may use the figure of 264,849,160 as the denominator for calculations to determine if they are required to notify their interest in or a change to their interest in the company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The information was provided in a company press release statement distributed via the Regulatory News Service (RNS) of the London Stock Exchange (LON:LSEG).
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