CVC Income & Growth Limited Results of Placing in respect of March 2024 Tender

RNS Number : 6982F

CVC Income & Growth Limited

06 March 2024

 

6 March 2024

CVC Income & Growth Limited

 

Results of Placings in respect of March 2024 Tender

 

CVC Income & Growth Limited (the "Company") announces that the 50,000 Placing Shares arising in the March 2024 Tender were not able to be placed by the time of the close of the Placing at 2:00p.m. on 5 March 2024. 

 

This is because the prevailing price of the Company's Sterling Shares did not exceed the minimum Placing Price, being an amount equal to 98% of the Reference Placing NAV per Share (being the NAV as at 23 February 2024). 

 

Accordingly, the 50,000 Placing Shares will now be deemed to have been tendered for repurchase by the Company at the Tender Price pursuant to the Tender Terms and Conditions.

 

Terms defined in the Company's AGM Notice dated 14 April 2023 (as amended and restated on 1 February 2024) have the same meaning in this announcement unless otherwise defined.

 

CVC Income & Growth Limited:                                                [phone]
Richard Boléat

 

BNP Paribas S.A., Jersey Branch                                             [e-mail] 

 

 

 

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