LONDON - CVC Income & Growth Limited, a company specializing in equity investments, has announced the resale of 150,000 Sterling shares from its treasury stock on Thursday, January 9, 2025. The shares were sold at a price of £1.2089 per share to satisfy the ongoing demand for the company's shares.
Following this transaction, the company's issued share capital, excluding treasury shares, is now comprised of 84,371,105 ordinary Euro shares and 121,674,157 ordinary Sterling shares, both with no par value. Each Euro share is entitled to one vote, while each Sterling share carries 1.17 votes. The total voting rights in the company have thus increased to 226,729,868.
Additionally, CVC Income & Growth Limited holds a considerable number of shares in treasury, specifically 62,335,910 ordinary Euro shares and 246,792,784 ordinary Sterling shares, which do not carry voting rights.
Shareholders can use the total voting rights figure of 226,729,868 as the denominator for calculations to determine if they need to notify their interest in the company or any changes to their interest as per the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The company's actions reflect its response to investor interest and market demand for its shares. The resale from treasury is a common practice for companies to manage share capital and provide liquidity in the market.
This financial activity is expected to influence the company's share distribution and voting rights, which is relevant information for current and potential investors. The resale is based on a press release statement and is reported in compliance with regulatory standards.
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