September 2024 Tender Price (replacement)

CVC Income & Growth Limited

21 October 2024

 

21 October 2024

CVC Income & Growth Limited

September 2024 Tender Price (Replacement)

The following amendment have been made to the announcement release on 21 September 2024 at 07:00hrs (RNS No. 7581I).  In the footnote, the number of Sterling Company Investment Vehicle Interests have been changed from 7,843,645 to 213,924.  All other details remain unchanged. The full amended text is shown below.

CVC Income & Growth Limited (the "Company") announces the following in relation to its September 2024 Tender:

Euro Shares¹

Shares tendered (excluding Shares submitted for the Placing and successfully placed with Placees	7,336,681
30 September 2024 NAV per Euro Share	€1.0691
Tender Price	€1.0591

Sterling Shares¹

Shares tendered (excluding Shares submitted for the Placing and successfully placed with Placees	213,751
30 September 2024 NAV per Sterling Share	£1.1710
Tender Price	£1.1610

The Tender Price equals the NAV per Share as at 30 September 2024 minus £0.01 / €0.01 (being 1% of the Reference Price), as applicable.

It is anticipated that payment for the September 2024 tender will be made on 15 November 2024.

A further announcement regarding the unconditional purchase of Shares pursuant to Tender Purchases is expected to be made on or around 30 October 2024.

Terms defined in the Company's AGM Notice dated 8 April 2024 (as amended and restated on 1 February 2024) have the same meaning in this announcement unless otherwise defined.

Contact Details

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

¹In respect of the Realisation Condition, the Company has submitted redemption requests to the Investment Vehicle in respect of 7,200,802 Euro Company Investment Vehicle Interests (based on a net asset value of €1.089274) and  213,924 Sterling Company Investment Vehicle Interests (based on a net asset value of £1.170057 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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