CVC Income & Growth (LSE:CCPG)
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RNS Number : 9511C

CVC Credit Partners European Opps.

22 October 2020

22 October 2020

CVC Credit Partners European Opportunities Limited

September 2020 Tender Price

CVC Credit Partners European Opportunities Limited (the "Company") announces the following in relation to its September 2020 Tender:

Euro Shares(1)

 
 Shares tendered                         4,000,022 
 
 30 September 2020 NAV per Euro Share    EUR0.9167 
 
 Tender Price                            EUR0.9067 
 

Sterling Shares(1)

 
 Shares tendered                             7,583,983 
 
 30 September 2020 NAV per Sterling Share    GBP0.9750 
 
 Tender Price                                GBP0.9650 
 

The Tender Price equals the NAV per Share as 30 September 2020 minus GBP0.01 / EUR0.01 (being 1% of the Placing Price), as applicable.

It is anticipated that payment for the 30 September 2020 tender will be made on 16 November 2020.

A further announcement regarding the unconditional purchase of the Tender Shares is expected to be made on or around 10 November 2020.

Terms defined in the Company's prospectus dated 29 March 2019 have the same meaning in this announcement unless otherwise defined.

   CVC Credit Partners European Opportunities Limited :             +44 (0)1534 625 522 

Richard Boléat

   BNP Paribas Securities Services S.C.A., Jersey Branch                        +44 (0)1534 709 181 

(1) In respect of the Realisation Condition, the Company will submit redemption requests to the Investment Vehicle in respect of 3,965,536 Euro Company Investment Vehicle Interests (based on a net asset value of EUR0.924672) and 7,611,385 Sterling Company Investment Vehicle Interests (based on a net asset value of GBP0.971490) which has been accepted and in respect of which funds are expected to be received on or before the anticipated payment date set out above.

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October 22, 2020 08:18 ET (12:18 GMT)