CVC Income & Growth resells 1.5m shares from treasury

CVC Income & Growth Limited resold 1.5 million of its treasury shares on Tuesday to address ongoing investor demand, according to a press release. The share repurchase took place at a price of £1.1786 per share. Following the transaction, the company's issued share capital, excluding treasury shares, stands at 217,251,817 ordinary Sterling shares and 88,211,186 ordinary Euro shares.

Each Sterling share carries 1.17 voting rights, while each Euro share holds one voting right. Consequently, the total number of voting rights is 342,395,811 - 254,184,625 for Sterling shares and 88,211,186 for Euro shares. The company retains 154,927,946 Sterling shares and 53,673,608 Euro shares in its treasury, which do not possess voting rights.

This voting rights figure is used as the denominator for shareholders to determine if they must disclose their interest in the company under the FCA’s Disclosure Guidance and Transparency Rules.