Block Listing Application

RNS Number : 6701N

CQS New City High Yield Fund Ltd

10 May 2018

 

10 May 2018

LEI: 549300KMGN75B0PTWT07

Cqs new city high yield fund limited

(the "company")

Block Listing Application

The Board announces that an application has been made to the UK Listing Authority and the London Stock Exchange for the block listing of 40,000,000 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 15 May 2018.

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 Share;

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

Enquiries

Craig Cleland	New City Investment Managers	T: 020 7201 5368
Sue Inglis	Cantor Fitzgerald Europe	T: 020 7894 8016
Martin Cassels	Maitland Administration Services (Scotland) Limited	T: 0131 550 3760

 

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