viewCVC Credit Partners European Opportunities

CVC Credit Partners - November 2020 Share Conversion

RNS Number : 3173G
CVC Credit Partners European Opps.
24 November 2020

24 November 2020

CVC Credit Partners European Opportunities Limited


November 2020 Share Conversion


CVC Credit Partners European Opportunities Limited (the "Company") announces the conversion of a number of Euro Shares into Sterling Shares and a number of Sterling Shares into Euro Shares (the "Conversion").


On the basis of the net asset values of the Company's Euro and Sterling shares as at Friday 30 October 2020 (using spot currency exchange rates as at 30 October 2020), the current conversion ratio, in accordance with the Company's articles of association, is:


1.181824 Euro Shares per Sterling Share; and

0.846146 Sterling Shares per Euro Share.


The Company received eligible conversion notices from shareholders in respect of 18,472 Euro Shares and 1,670,721 Sterling Shares by the relevant closing date. Accordingly, an application has been made for the admission of 1,974,498 Euro Shares and 15,630 Sterling Shares to the Official List of the UK Listing Authority (the "Official List") and the main market for listed securities of the London Stock Exchange plc (the "Main Market"). It is expected that such application will become effective and that dealings in the new Euro Shares and new Sterling Shares will commence on 30 November 2020.  The revised number of total voting rights in the Company as adjusted for the Conversion will be announced shortly thereafter.





BNP Paribas Securities Services S.C.A. Jersey Branch

+44 (0)1534 813873/813820


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

Quick facts: CVC Credit Partners European Opportunities

Price: -

Market: LSE
Market Cap: -

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


2 min read