Block Listing Application

Summary by AI BETAClose X

CQS New City High Yield Fund Limited has applied to the FCA and the London Stock Exchange for a block listing of 34,000,000 new shares of no par value. The block listing is intended to satisfy market demand and ensure an efficient market in the company's shares. The company expects the block listing to become effective on September 26, 2025, at 8:00 a.m. Shares issued under this block listing will be priced at a premium to the latest net asset value per share prior to issuance, preventing dilution of existing shares. These shares will rank equally with the existing shares already issued.

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