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JERSEY - CVC Income & Growth Limited announced Friday it has resold 500,000 Sterling shares from treasury at a price of £1.1949 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 83,788,914 ordinary Euro shares of no par value and 150,616,905 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 260,010,692, with Euro shares accounting for 83,788,914 voting rights and Sterling shares representing 176,221,778 voting rights.
After the transaction, CVC Income & Growth will continue to hold 60,249,975 ordinary Euro shares and 219,860,156 ordinary Sterling shares in treasury, all of which are non-voting.
The company noted that shareholders may use the 260,010,692 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.
The information was provided in a company press release statement.
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