Issue of Equity

RNS Number : 2808O

CQS New City High Yield Fund Ltd

28 May 2020

 

28 May 2020

CQS New City High Yield Fund Limited

Issue of Equity

On 28 May 2020 the Company agreed to issue 750,000 ordinary shares of no par value from its blocklisting facility at a price of 47.5 pence per share. The shares will be issued for cash on 1 June 2020.

On the 1 June 2020 the Company's issued share capital will consist of 432,851,858 ordinary shares and there are no shares held in treasury. Therefore, the total number of voting rights in the Company will be 432,851,858.

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 Securities Services S.C.A. Jersey Branch

Siobhan Lavery / Skye Inman

01534 709 181/ 01534 813 820

For the Broker

Nplus1 Singer Advisory LLP

James Maxwell / James Moat (Corporate Finance)

Alan Geeves (Sales)

020 7496 3000

 

END

 

 

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