RNS Number : 7430P
CQS New City High Yield Fund Ltd
11 December 2024
 

11 December 2024

 

The following amendment has been made to the 'Block Listing Application' announcement released on 9 December 2024 at 9.23am under RNS No 3231P.

 

The Company has applied for the blocklisting of 76,000,000 new shares of no par value in the Company.  

 

All other details remain unchanged.

 

The full amended text is shown below.

 

 

CQS New City High Yield Fund Limited

("the Company")

 

Block Listing Application

 

The Board announces that an application has been made to the FCA and the London Stock Exchange for the block listing of 76,000,000 new shares of no par value in the capital of the Company ("Shares"). This block listing will be used for the purposes of responding to satisfy market demand and, as a result, ensure an efficient market in its shares. It is expected that this block listing will become effective at 8.00 a.m. on 12 December 2024.

 

Any Shares issued in connection with this block listing application:

 

•             will be issued at prices which shall be a premium to latest net asset value per Share prior to the issue and, therefore, will not result in any dilution of the net asset value per existing Shares

•             will rank, when issued, pari passu with the Shares already in issue.

 

ENQUIRIES

 

For the Investment Manager

New City Investment Managers

Craig Cleland

0207 201 5368

 

For the Company Secretary and Administrator

BNP Paribas S.A., Jersey Branch

Jeremy Hamon

01534 709 108

 

For the Broker

Singer Capital Markets

James Maxwell / Asha Chotai (Corporate Finance)

Alan Geeves (Sales)

020 7496 3000

 

For the Public Relations Adviser

TB Cardew

Tania Wild

020 7930 0777

 

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 rns@lseg.com 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.
 
END
 
 
ALSEASAFFLALFFA
Cqs New City High Yield (LSE:NCYF)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024 Haga Click aquí para más Gráficas Cqs New City High Yield.
Cqs New City High Yield (LSE:NCYF)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024 Haga Click aquí para más Gráficas Cqs New City High Yield.