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CVC Income & Growth Limited announced on 5 September 2024 the results of its September 2024 Tender placings. A total of 50 Sterling Shares were successfully placed with placees at a Placing Price of £1.16, with no unplaced Sterling Shares or Euro Shares tendered for placing. Payment for these purchases is anticipated on 9 September 2024.
| Date | 5 Sept 2024 |
| Time | 12:00:00 |
| Category | Capital structure |
| ID | 0629D |
5 September 2024
CVC Income & Growth Limited
Results of Placings in respect of September 2024 Tender
Following the Placing book build close at 2.00pm on 4 September 2024, CVC Income & Growth Limited (the "Company") announces the following in relation to its September 2024 Tender:
Sterling Shares1
|
Shares tendered for Placing |
50 |
|
|
|
|
Shares successfully placed with Placees |
50 |
|
|
|
|
Unplaced Shares |
0 |
|
|
|
|
Placing Price |
£1.16 |
Please note no Euro Shares were tendered for placing in September 2024
The Placing Price is the price at which the Shares have been placed by Winterflood Securities Limited and is subject to a minimum of an amount equal to 98% of the Reference Placing NAV per Share (being the NAV published on 30 August 2024, as applicable.
It is anticipated that payment for Placing Purchases in relation to the September 2024 tender will be made on 9 September 2024.
Terms defined in the Company's AGM Notice and Circular dated 10 April 2024 have the same meaning in this announcement unless otherwise defined.
CVC Income & Growth Limited: c/o +44 (0)1534 815200
Robert Kirkby
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 7,336,681 Euro Company Investment Vehicle Interests (based on a net asset value of €1.0653) and 213,801 Sterling Company Investment Vehicle Interests (based on a net asset value of £1.1651) and in respect of which funds are expected to be received on or before the anticipated payment date set out above.