CVC Income & Growth sells treasury shares to meet demand

Published 01/05/2025, 17:42
CVC Income & Growth sells treasury shares to meet demand

LONDON - CVC Income & Growth Limited (the Company) has announced the resale of 250,000 treasury Sterling shares at a price of £1.1748 each on Thursday to satisfy ongoing demand for its shares. This transaction has altered the company’s capital structure, with the issued share capital now comprising 81,802,978 ordinary Euro shares and 137,834,274 ordinary Sterling shares, both of no par value.

Post-transaction, the total voting rights in the company have increased to 243,069,078, with each Euro share carrying one vote and each Sterling share carrying 1.17 votes. The total voting rights for the Euro shares remain unchanged at 81,802,978, while the Sterling shares now have 161,266,100 voting rights.

Additionally, the company holds a significant number of shares in treasury, which do not carry voting rights: 62,235,911 ordinary Euro shares and 232,642,787 ordinary Sterling shares.

Shareholders can use the total voting rights figure of 243,069,078 as a denominator to calculate changes in their shareholding percentage in relation to the company’s total voting rights. This calculation is pertinent for investors who need to disclose their interest or any changes to it, in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

The company has provided this information via RNS, a news service of the London Stock Exchange (LON:LSEG), which is authorized by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280). The information is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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