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On 21 September 2022, CVC Income & Growth Limited's Board of Directors presented its Half Yearly Financial Report for the Six Months Ended 30 June 2022. The Company also amended its distribution policy, increasing its annual dividend by 20% to 6p per Sterling ordinary share and 6c per Euro ordinary share, effective from the next quarterly dividend declaration date.
| Date | 21 Sept 2022 |
| Time | 18:00:04 |
| Category | Results |
| ID | 2143A |
21 September 2022
CVC Income & Growth Limited (the "Company")
(a closed-ended investment company incorporated in Jersey with registration number 112635)
Registered Office: IFC 1, The Esplanade, St Helier, Jersey, JE1 4BP
2022 Half Year Report and Dividend Increase
The information contained within this announcement, relating to the Company's distribution policy, constitutes inside information.
Half-Yearly Financial Report - 30 June 2022
The Board of Directors of the Company is pleased to present the Company's Half Yearly Financial Report for the Six Months Ended 30 June 2022.
A copy of the Company's Half Yearly Financial Report for the Six Months Ended 30 June 2022 will shortly be available on the Company's website (Articles | CVC Income & Growth), on the National Storage Mechanism (National Storage Mechanism | FCA) and will also be sent to shareholders who have not elected to receive electronic communications.
Dividend Increase
The Company has amended its distribution policy and is pleased to announce that it has increased its annual dividend by 20% to 6p per Sterling ordinary share / 6c per Euro ordinary share with effect from the next quarterly dividend declaration date. This change has been made in the light of market conditions and in particular the rising risk-free rate environment. At the time of writing, the amended distribution policy will represent an annual share price yield of 6.28% and 6.96% on the Sterling and Euro ordinary shares respectively.
The person responsible for arranging for the release of this announcement on behalf of the Company is Melissa Le Cheminant of BNP Paribas Securities Services S.C.A., Jersey Branch, Company Secretary.
Past performance cannot be relied on as a guide to future performance.
Contacts
CVC Income & Growth Limited: +44 (0)1534 625522
Richard Boléat
BNP Paribas Securities Services S.C.A., Jersey Branch +44 (0)1534 813873 / 709178
Media Enquiries
Prosek Partners
Philip Walters / Ryan Smith