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| Date | 18 Apr 2024 |
| Time | 07:00:04 |
| Category | Capital structure |
| ID | 9957K |
18 April 2024
CVC Income & Growth Limited
March 2024 Tender Price
CVC Income & Growth Limited (the "Company") announces the following in relation to its March 2024 Tender:
Euro Shares1
|
Shares tendered (including Unplaced Shares) |
2,251,521 |
|
|
|
|
28 March 2024 NAV per Euro Share |
€1.0343 |
|
|
|
|
Tender Price |
€1.0243 |
Sterling Shares1
|
Shares tendered (including Unplaced Shares) |
2,545,798 |
|
|
|
|
28 March 2024 NAV per Sterling Share |
£1.1300 |
|
|
|
|
Tender Price |
£1.1200 |
The Tender Price equals the NAV per Share as at 28 March 2024 minus £0.01 / €0.01 (being 1% of the Reference Price), as applicable.
It is anticipated that payment for the March 2024 tender will be made on 17 May 2024.
A further announcement regarding the unconditional purchase of Shares pursuant to Tender Purchases is expected to be made on or around 17 May 2024.
Terms defined in the Company's AGM Notice dated 14 April 2023 (as amended and restated on 1 February 2024) have the same meaning in this announcement unless otherwise defined.
Contact Details
BNP Paribas S.A., Jersey Branch [email protected]
1In respect of the Realisation Condition, the Company has submitted redemption requests to the Investment Vehicle in respect of 2,205,393 Euro Company Investment Vehicle Interests (based on a net asset value of €1.055934) and 2,546,133 Sterling Company Investment Vehicle Interests (based on a net asset value of £1.129851 and in respect of which funds are expected to be received on or before the anticipated payment date set out above.