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March 2023 Tender Price

RNS Number : 9356W
CVC Income & Growth Limited
21 April 2023
 

21 April 2023

CVC Income & Growth Limited

 

March 2023 Tender Price

 

CVC Income & Growth Limited (the “Company”) announces the following in relation to its March 2023 Tender:

 

Euro Shares1

 

Shares tendered

378,000



31 March 2023 NAV per Euro Share

€0.9259



Tender Price

€0.9159

 

Sterling Shares1

 

Shares tendered

2,681,399



31 March 2023 NAV per Sterling Share

£1.0150



Tender Price

£1.0050

 

 

The Tender Price equals the NAV per Share as at 31 March 2023 minus £0.01 / €0.01 (being 1% of the Reference Price), as applicable.

 

It is anticipated that payment for the March 2023 tender will be made on 17 May 2023.

 

A further announcement regarding the unconditional purchase of the Tender Shares is expected to be made on or around 10 May 2023.

 

Terms defined in the Company’s prospectus dated 22 April 2022 have the same meaning in this announcement unless otherwise defined.

 

CVC Credit Partners European Opportunities Limited: +44 (0)1534 625522
Richard Boléat

 

BNP Paribas S.A., Jersey Branch                                             +44 (0)1534 815200

 

 

1In respect of the Realisation Condition, the Company will submit redemption requests to the Investment Vehicle in respect of 370,524.00 Euro Company Investment Vehicle Interests (based on a net asset value of €0.944583) and 2,688,551.00 Sterling Company Investment Vehicle Interests (based on a net asset value of £1.012300 and in respect of which funds are expected to be received on or before the anticipated payment date set out above.

 

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