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JERSEY - CVC Income & Growth Limited has resold 500,000 Sterling shares from its treasury at a price of £1.1982 per share, the company announced Monday.
The transaction was conducted to meet ongoing demand for the company’s shares, according to a press release statement.
Following this equity issue, CVC Income & Growth’s issued share capital, excluding treasury shares, will consist of 83,788,914 ordinary Euro shares of no par value and 151,116,905 ordinary Sterling shares of no par value.
Each ordinary Euro share carries one voting right, while each ordinary Sterling share carries 1.17 voting rights. This brings the total number of voting rights in the company to 260,595,692.
After the transaction, the company will continue to hold 60,249,975 ordinary Euro shares and 219,360,156 ordinary Sterling shares in treasury, all of which are non-voting.
The company noted that shareholders may use the 260,595,692 figure as the denominator for calculations to determine if they are required to notify their interest or changes to their interest in the company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
CVC Income & Growth Limited is listed on the London Stock Exchange (LON:LSEG).
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