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CVC Income & Growth Limited announced on 22 July 2025 a share class conversion based on 30 June 2025 net asset values, with ratios of 0.784393 Sterling Shares per Euro Share and 1.274847 Euro Shares per Sterling Share. Shareholders submitted notices for 954,537 Euro Shares and 28,565 Sterling Shares, resulting in 748,732 new Sterling Shares and 36,416 new Euro Shares to be issued on 31 July 2025. An application has been made for the admission of these 748,732 Sterling Shares and 36,416 Euro Shares to the Official List and the London Stock Exchange's main market.
| Date | 22 Jul 2025 |
| Time | 15:08:34 |
| Category | Corporate updates |
| ID | 0954S |
22 July 2025
CVC Income & Growth Limited
July 2025 Share Conversion
CVC Income & Growth Limited (the Company) announces the conversion of the follow share classes (the Conversion).
On the basis of the net asset values of the Company's Sterling and Euro shares as at 30 June 2025 (using spot currency exchange rates as at 30 June 2025), the current conversion ratio, in accordance with the Company's Articles of Association, is as follows:
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· 0.784393 Sterling Shares per Euro Share; and |
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· 1.274847 Euro Shares per Sterling Share (the Conversion Ratio). |
The Company received eligible conversion notices from shareholders in respect of 954,537 Euro Shares and 28,565 Sterling Shares by the stated closing date (the Conversion Notices).
Based upon the Conversion Notices at the relevant Conversion Ratio, 748,732 new Sterling Shares and 36,416 new Euro Shares are to be issued on the conversion date of 31 July 2025.
Accordingly, an application has been made for the admission of 748,732 Sterling Shares and 36,416 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 July 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 813959