LONDON - CVC Income & Growth Limited has announced the resale of 250,000 treasury Sterling shares on January 10, 2025, to satisfy investor demand. The shares were sold at a price of £1.2107 per share.
Following the transaction, the company's issued share capital, excluding treasury shares, comprises 84,371,105 ordinary Euro shares and 121,924,157 ordinary Sterling shares, both with no par value. The ordinary Euro shares each carry one vote, while the Sterling shares carry 1.17 votes each. This places the total voting rights for Euro shares at 84,371,105 and for Sterling shares at 142,651,263, summing to a total of 227,022,368 voting rights within the company.
CVC Income & Growth Limited will maintain a treasury holding of 62,335,910 ordinary Euro shares and 246,542,784 ordinary Sterling shares, both categories being non-voting.
Shareholders can use the total voting rights figure of 227,022,368 as the denominator for calculating any changes in their shareholding percentage that would necessitate disclosure under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
This move is part of the company's strategy to manage its share capital and meet market demand. The information provided in this article is based on a press release statement.
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