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CVC Income & Growth Limited (CVCG) Ord NPV GBP

Sell:116.50p Buy:120.00p 0 Change: No change
Market closed Prices as at close on 21 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Tender Offer

CVC Income & Growth Limited Ord NPV GBP

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Cash due
Details (last updated 18 Jul 2024)

CVC Income & Growth Limited have announced details for a new semi-annual tender offer. You have two options to consider before our noon on Thursday 8 August 2024 deadline.

 

 

Semi-annually, the tender offer allows the company to buy-back up to 15% of the shares in issue. Each shareholder at this September opportunity therefore has a basic entitlement to tender (i.e., elect to sell 15%) of their shareholding as at the close of business on 8 August 2023. You are able to elect to tender any number of shares. However, tenders made in excess of your basic entitlement will only be accepted to the extent that other shareholders tender less than their basic entitlement. Such tenders may therefore be subject to pro rata scaling back. The tender offer price will be the Net Asset Value (NAV) per share on 30 September 2024 less 1% of the reference price (equivalent to 1p).

 

What are my options?

 

Option 1 – Tender a number of ordinary shares. If you wish to tender a number of shares at this opportunity please give us your instruction by noon on Thursday 8 August 2024, at which point any tendered shares will be removed from your portfolio. Cash proceeds from the tender offer are expected from 15 November 2024.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of shares. If you do not return an instruction no shares will be tendered on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

 

×
Sell:116.50p
Buy:120.00p
Change: No change
Market closed Prices as at close on 21 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Tender Offer

CVC Income & Growth Limited Ord NPV GBP

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Cash due
Details (last updated 18 Jul 2024)

CVC Income & Growth Limited have announced details for a new semi-annual tender offer. You have two options to consider before our noon on Thursday 8 August 2024 deadline.

 

 

Semi-annually, the tender offer allows the company to buy-back up to 15% of the shares in issue. Each shareholder at this September opportunity therefore has a basic entitlement to tender (i.e., elect to sell 15%) of their shareholding as at the close of business on 8 August 2023. You are able to elect to tender any number of shares. However, tenders made in excess of your basic entitlement will only be accepted to the extent that other shareholders tender less than their basic entitlement. Such tenders may therefore be subject to pro rata scaling back. The tender offer price will be the Net Asset Value (NAV) per share on 30 September 2024 less 1% of the reference price (equivalent to 1p).

 

What are my options?

 

Option 1 – Tender a number of ordinary shares. If you wish to tender a number of shares at this opportunity please give us your instruction by noon on Thursday 8 August 2024, at which point any tendered shares will be removed from your portfolio. Cash proceeds from the tender offer are expected from 15 November 2024.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of shares. If you do not return an instruction no shares will be tendered on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

 

×
Sell:116.50p
Buy:120.00p
Change: No change
Market closed Prices as at close on 21 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Tender Offer

CVC Income & Growth Limited Ord NPV GBP

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Cash due
Details (last updated 18 Jul 2024)

CVC Income & Growth Limited have announced details for a new semi-annual tender offer. You have two options to consider before our noon on Thursday 8 August 2024 deadline.

 

 

Semi-annually, the tender offer allows the company to buy-back up to 15% of the shares in issue. Each shareholder at this September opportunity therefore has a basic entitlement to tender (i.e., elect to sell 15%) of their shareholding as at the close of business on 8 August 2023. You are able to elect to tender any number of shares. However, tenders made in excess of your basic entitlement will only be accepted to the extent that other shareholders tender less than their basic entitlement. Such tenders may therefore be subject to pro rata scaling back. The tender offer price will be the Net Asset Value (NAV) per share on 30 September 2024 less 1% of the reference price (equivalent to 1p).

 

What are my options?

 

Option 1 – Tender a number of ordinary shares. If you wish to tender a number of shares at this opportunity please give us your instruction by noon on Thursday 8 August 2024, at which point any tendered shares will be removed from your portfolio. Cash proceeds from the tender offer are expected from 15 November 2024.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of shares. If you do not return an instruction no shares will be tendered on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

 

×
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