Issue of Equity

CQS New City High Yield Fund Ltd

16 May 2023

 

16^th May 2023

CQS New City High Yield Fund Limited

("the Company")

Issue of Equity

On 16^th May 2023 the Company agreed to issue 750,000 ordinary shares of no par value from its blocklisting facility at a price of 48.7 pence per share. The shares will be issued for cash on 18^th May 2023.

On the 18^th May 2023 the Company's issued share capital will consist of 519,601,858 ordinary shares and there are no shares held in treasury. Therefore, the total number of voting rights in the Company will be 519,601,858.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.

ENQUIRIES

For the Investment Manager

New City Investment Managers

Craig Cleland

0207 201 5368

For the Company Secretary and Administrator

BNP Paribas S.A. Jersey Branch

Dean Plowman / Ann-Marie Pereira

01534 813 967/ 01534 709 198

For the Broker

Singer Capital Markets LLP

James Maxwell / James Moat (Corporate Finance)

Alan Geeves (Sales)

020 7496 3000

 

END