CQS New City High Yield Fund to issue 2 million shares at 50.5p

CQS New City High Yield Fund Limited has announced plans to issue 2 million ordinary shares, priced at 50.5 pence each, according to a press release. The shares will be issued for cash on September 2, 2026, through the company's blocklisting facility. The agreement was reached on August 28, 2026. Post-issuance, the company's total issued share capital is expected to rise to 717,001,858 ordinary shares as of September 2, 2026.

The company currently has no shares in treasury. The total voting rights will also be 717,001,858 as of September 2, 2026. Shareholders can use this figure to determine their notification obligations under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. Manulife CQS Investment Management is the investment manager, while BNP Paribas S.A., Jersey Branch serves as the company secretary and administrator, and Singer Capital Markets LLP acts as the broker.