REG - CVC Income & Growth CVC Inc& Grwth-CVCG - Result of Placing and WRAP Retail Offer

CVC Income & GrowthAnnouncement

Wed 07:00

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RNS Number : 2737E  CVC Income & Growth Limited  22 October 2025

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT ARE NOT FOR RELEASE,
PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN,
INTO OR FROM, THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND
POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA),
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MEMBER STATE OF THE EEA OR IN ANY OTHER JURISDICTION IN WHICH THE SAME WOULD
BE UNLAWFUL.

This announcement is not an offer to sell, or a solicitation of an offer to
acquire, securities in the United States or in any other jurisdiction in which
the same would be unlawful. Neither this announcement nor any part of it shall
form the basis of or be relied on in connection with or act as an inducement
to enter into any contract or commitment whatsoever.

 

Legal Entity Identifier: 213800Z42Y242CIWJ785

 

 

22 October 2025

 

 

 

CVC Income & Growth Limited

 

Result of Placing and WRAP Retail Offer

 

The Board of CVC Income & Growth Limited (the "Company") is pleased to
announce the successful completion of the placing (the "Placing") and the WRAP
retail offer (the "WRAP Retail Offer" together with the Placing, the
"Fundraising"), raising gross proceeds of £10.3 million and €268,400.

 

The Company will issue redeemable ordinary shares of no-par value in the
capital of the Company ("Shares") out of treasury at a price of £1.1768 per
Sterling denominated Share and €1.0747 per Euro denominated Share,
representing a premium of 0.65% to the respective cum-income NAV per Share of
each Share denomination as at 10 October 2025, being the last published NAV
per Share prior to the close of the Fundraising.

 

In total 5,359,631 Sterling denominated Shares and 238,000 Euro denominated
Shares will be issued pursuant to the Placing and 3,355,876 Sterling
denominated Shares and 11,743 Euro denominated Shares will be issued pursuant
to the WRAP Retail Offer. As a result, in accordance with the terms of the
WRAP Retail Offer, the Company increased the size of the WRAP Retail Offer to
accommodate demand.

 

Trades in respect of the Placing and the WRAP Retail Offer will be booked
today, 22 October 2025, and are expected to settle on 24 October 2025.

 

Following the issue of Shares pursuant to the Fundraising, the Company's
issued share capital (excluding treasury shares) comprises:

·    83,320,533 Euro denominated Shares; and

·    171,702,576 Sterling denominated Shares.

 

Each Euro denominated Share carries the right to 1 vote and each Sterling
denominated Share carries the right to 1.17 votes.

 

The total number of voting rights of the Euro denominated Shares is 83,320,533
and of the Sterling denominated Shares is 200,892,013. The total number of
voting rights in the Company will be 284,212,546.

 

The Company will hold the following Shares in treasury:

 

·    59,800,235 Euro denominated Shares (non-voting); and

·    199,494,652 Sterling denominated Share (non-voting).

 

The figure, 284,212,546, may be used by shareholders as the denominator for
the calculation by which they will determine if they are required to notify
their interest in or a change to their interest in the Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

For further information please contact:

 

 BNP Paribas S.A., Jersey Branch  cvccpeolcosec@bnpparibas.com

 Company Secretary                +44 (0) 1534 813800

 Winterflood Securities Limited   +44 (0)20 3100 0000
 Neil Morgan

 Darren Willis

 

 

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