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JERSEY - CVC Income & Growth Limited announced Thursday it has resold 350,000 shares from its treasury to meet ongoing demand for the company’s shares.
The transaction included 250,000 Sterling shares sold at £1.1907 per share and 100,000 Euro shares at €1.0899 per share, according to a company press release.
Following this transaction, CVC Income & Growth’s issued share capital, excluding treasury shares, will consist of 83,070,790 ordinary Euro shares and 162,987,069 ordinary Sterling shares. Each Euro share carries one voting right, while each Sterling share carries 1.17 voting rights.
The company’s total voting rights will now stand at 273,765,660, with Euro shares accounting for 83,070,790 votes and Sterling shares representing 190,694,870 votes.
CVC Income & Growth will continue to hold 60,049,978 ordinary Euro shares and 208,210,159 ordinary Sterling shares in treasury, none of which carry voting rights.
The company noted that shareholders may use the 273,765,660 figure as the denominator for calculations to determine if they are required to notify their interest or a change to their interest in the company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
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