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CVC Income & Growth Limited announced on 21 October 2024 its September 2024 Tender Prices. For Euro Shares, 7,336,681 shares were tendered at a price of €1.0591 per share, which was €0.01 less than the 30 September 2024 NAV of €1.0691. For Sterling Shares, 213,751 shares were tendered at a price of £1.1610 per share, £0.01 below the 30 September 2024 NAV of £1.1710.
| Date | 21 Oct 2024 |
| Time | 07:00:01 |
| Category | Capital structure |
| ID | 7581I |
21 October 2024
CVC Income & Growth Limited
September 2024 Tender Price
CVC Income & Growth Limited (the "Company") announces the following in relation to its September 2024 Tender:
Euro Shares1
|
Shares tendered (excluding Shares submitted for the Placing and successfully placed with Placees |
7,336,681 |
|
|
|
|
30 September 2024 NAV per Euro Share |
€1.0691 |
|
|
|
|
Tender Price |
€1.0591 |
Sterling Shares1
|
Shares tendered (excluding Shares submitted for the Placing and successfully placed with Placees |
213,751 |
|
|
|
|
30 September 2024 NAV per Sterling Share |
£1.1710 |
|
|
|
|
Tender Price |
£1.1610 |
The Tender Price equals the NAV per Share as at 30 September 2024 minus £0.01 / €0.01 (being 1% of the Reference Price), as applicable.
It is anticipated that payment for the September 2024 tender will be made on 15 November 2024.
A further announcement regarding the unconditional purchase of Shares pursuant to Tender Purchases is expected to be made on or around 30 October 2024.
Terms defined in the Company's AGM Notice dated 8 April 2024 (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 7,200,802 Euro Company Investment Vehicle Interests (based on a net asset value of €1.089274) and 7,843,645.66 Sterling Company Investment Vehicle Interests (based on a net asset value of £1.170057 and in respect of which funds are expected to be received on or before the anticipated payment date set out above.