CVC Income & Growth Limited (CVCG), a closed-ended investment company offering both Sterling and Euro share classes, has announced the resale of shares from treasury on 3 November 2026 to meet ongoing investor demand. The company resold 500,000 Sterling shares at £1.1154 per share and 180,000 Euro shares at €1.0174 per share. Following the transaction, the total number of voting rights in the company stands at 346,876,811, a figure shareholders must use as the denominator when calculating disclosure obligations under FCA Transparency Rules. The issue reflects continued demand for the company's dual-currency share structure.

Key Points

  • CVC Income & Growth Limited (CVCG) is a closed-ended investment company with both Sterling and Euro ordinary share classes of no par value
  • The company resold 500,000 Sterling shares at £1.1154 each and 180,000 Euro shares at €1.0174 each from treasury on 3 November 2026
  • Post-issue, Sterling shares in issue (ex-treasury) total 220,051,817; Euro shares total 89,416,186; total voting rights stand at 346,876,811
  • Investors should watch for further treasury resales if on-going demand for CVCG shares continues at current levels

CVCG Resells Treasury Shares at £1.1154 and €1.0174 to Meet Investor Demand

The announcement confirms that CVC Income & Growth Limited resold 500,000 Sterling shares and 180,000 Euro shares directly from treasury for cash on 3 November 2026. The Sterling shares were placed at £1.1154 per share and the Euro shares at €1.0174 per share. The company stated that the resale was conducted to meet on-going demand for its shares, suggesting that secondary market appetite for CVCG's dual-currency offering remained active at the time of the transaction. The company did not disclose the aggregate proceeds raised from either the Sterling or Euro tranche in the announcement.

Post-Issue Share Capital: 220 Million Sterling and 89 Million Euro Ordinary Shares Outstanding

Following the treasury resale, CVCG's issued share capital, excluding shares held in treasury, comprises 220,051,817 ordinary Sterling shares and 89,416,186 ordinary Euro shares, both of no par value. Each Sterling share carries 1.17 votes, while each Euro share carries one vote, producing total voting rights of 257,460,625 for the Sterling class and 89,416,186 for the Euro class. The company continues to hold 152,127,946 Sterling shares and 52,468,608 Euro shares in treasury, all of which are non-voting. These treasury balances represent a significant reserve the company can draw upon for future issuances.

FCA Disclosure Denominator Set at 346,876,811 Total Voting Rights

The announcement specifies that 346,876,811 is the denominator shareholders must use when determining whether they are required to notify the company of an interest, or a change in interest, under the FCA's Disclosure Guidance and Transparency Rules. This figure represents the aggregate total voting rights across both share classes following the 3 November 2026 transaction. Investors holding or approaching relevant thresholds in CVCG should update their calculations accordingly. Company secretarial duties are handled by BNP Paribas S.A., Jersey Branch, with Cadarn Capital managing distribution and investor relations, and Marex Financial acting as broker.