LONDON - CVC Income & Growth Limited has announced the resale of 150,000 of its treasury Sterling shares at a price of £1.2107 each on Monday. This move was made to satisfy the continuing demand for the company's shares.
Following this transaction, the company's issued share capital now comprises 84,371,105 ordinary Euro shares and 122,074,157 ordinary Sterling shares, both with no par value. Each ordinary Euro share is entitled to one vote, while each ordinary Sterling share carries 1.17 votes.
The total voting rights within the company now stand at 227,197,868, with the ordinary Euro shares contributing 84,371,105 votes and the ordinary Sterling shares accounting for 142,826,763 votes.
CVC Income & Growth Limited also holds a significant number of shares in treasury, which do not carry voting rights: 62,335,910 ordinary Euro shares and 246,392,784 ordinary Sterling shares.
Shareholders may use the total number of voting rights, 227,197,868, as the denominator for calculations to determine if they need to notify their interest in the company or any changes to it, as per the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
This financial activity is part of the company's effort to manage its equity structure and meet investor demand. The information regarding this equity issue is based on a press release statement from the company.
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