CQS New City High Yield Fund Limited announced plans to issue 2 million ordinary shares at 50.5 pence each through its blocklisting mechanism. The issuance, settled in cash, is scheduled for September 2, 2026, following an agreement dated August 28, 2026.
The transaction will increase the fund’s total issued share capital to 717,001,858 ordinary shares, with no shares held in treasury. The total voting rights will also rise to 717,001,858, aligning with Financial Conduct Authority disclosure requirements.
Manulife CQS Investment Management serves as the investment manager, while BNP Paribas S.A.’s Jersey branch acts as secretary and administrator. Singer Capital Markets LLP has been appointed as the broker for the issuance.
