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CVC Income & Growth Limited announced on 27 January 2025 a January 2025 Share Conversion, with shareholders submitting notices for 2,701,796 Euro Shares and 25,367 Sterling Shares. Based on 31 December 2024 net asset values, the conversion ratios are 0.753383 Sterling Shares per Euro Share and 1.327315 Euro Shares per Sterling Share. An application has been made for the admission of 2,035,487 Sterling Shares and 33,670 Euro Shares to the Official List and London Stock Exchange, with dealings in the new Sterling Shares expected to commence on 31 January 2025.
| Date | 27 Jan 2025 |
| Time | 07:00:05 |
| Category | Corporate updates |
| ID | 6859U |
27 January 2025
CVC Income & Growth Limited (the "Company")
January 2025 Share Conversion
The Company announces the conversion of a number of Euro Shares into Sterling Shares (the "Conversion").
On the basis of the net asset values of the Company's Sterling and Euro shares as at 31 December 2024 (using spot currency exchange rates as at 31 December 2024), the current conversion ratio, in accordance with the Company's articles of association, is:
0.753383 Sterling Shares per Euro Share; and
1.327315 Euro Shares per Sterling Share.
The Company received eligible conversion notices from shareholders in respect of 2,701,796 Euro Shares and 25,367 Sterling Shares by the relevant closing date.
Accordingly, an application has been made for the admission of 2,035,487 Sterling Shares and 33,670 Euro Shares to the Official List of the UK Listing Authority and the main market for listed securities of the London Stock Exchange plc. It is expected that such application will become effective and that dealings in the new Sterling Shares will commence 31 January 2025. The revised number of total voting rights in the Company as adjusted for the Conversion will be announced shortly thereafter.
Enquiries:
BNP Paribas S.A. Jersey Branch
+44 (0)1534 813873